Presidential Determination
Presidential Determination Pursuant to Section 1245(d)(4)(B) and (C) of the National Defense Authorization Act for Fiscal Year 2012
This determination renews the statutory finding that global petroleum supplies are sufficient to allow significant reductions in Iranian oil purchases, but explicitly states the U.S. is no longer pursuing such reductions due to JCPOA commitments that took effect on Implementation Day. It maintains the legal framework while acknowledging a policy shift away from pressuring Iran's oil sales.