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 finds that global petroleum supplies from non-Iran sources are sufficient to allow foreign countries to significantly reduce Iranian oil purchases, thereby continuing sanctions pressure on Iran's oil exports. It extends a recurring statutory determination required to maintain U.S. sanctions leverage under the 2012 NDAA.