ExecutiveOrdersEO
DetDeterminationBiden · D

Presidential Determination

Presidential Determination Pursuant to Section 1245(d)(4)(B) and (C) of the National Defense Authorization Act for Fiscal Year 2012

President Biden determined that global petroleum supplies from non-Iranian sources are sufficient to allow significant reductions in Iranian oil purchases, continuing a sanctions mechanism under the 2012 NDAA. This maintains the legal foundation for pressuring foreign financial institutions to reduce Iranian oil transactions.

Federal Register Open PDF 86 FR 64795

Impact dates

  1. Federal Register publication by Secretary of State

Key directives

  • Determine sufficient non-Iranian petroleum supply exists to permit significant reduction in Iranian oil purchases
  • Secretary of State to publish determination in Federal Register
  • Continue monitoring situation closely

Who is ordered

Timeline

Immediate

  • Determination takes effect upon signing
  • Secretary of State directed to publish in Federal Register

Near term (90d)

—

Long term

  • Continued monitoring of global petroleum supply conditions
  • Ongoing sanctions pressure on Iranian oil exports

Risks & tensions

  • Document notes determination is 'consistent with prior determinations,' suggesting continuity rather than policy shift
  • Reliance on EIA reports and global conditions introduces uncertainty about future determinations if market conditions change
  • No explicit deadline for 'continued monitoring'—vague ongoing obligation
Presidential Determination: Presidential Determination Pursuant to Section 1245(d)(4)(B) and (C) of the National Defense Authorization Act for Fiscal Year 2012 · Executive Orders