US may waive Iran sanctions in coming days

Al Monitor| Laura Rozen: The Trump administration may issue waivers of some Iran nuclear-related sanctions in the coming days as it adheres, for now, to its commitments under the Iran nuclear deal, while carrying out a comprehensive review of its Iran policy. 

Notification of the waivers might be issued as early as May 17, a day before Donald Trump is due to depart for Saudi Arabia, Israel, Italy and Brussels on his first foreign trip as president, sources told Al-Monitor, while cautioning that the anticipated action and timing could change. That is also a couple of days before Iran holds presidential elections May 19.

Iranian President Hassan Rouhani has made reaching the Iran nuclear deal with six world powers a centerpiece of his re-election bid, but has come under criticism from political rivals that Iranians have not felt the economic benefits from sanctions relief that the deal promised.

The Trump administration is conducting a National Security Council-led interagency review of its broader Iran policy. US officials said that until the review is completed, the administration will continue to adhere to terms of the Iran nuclear deal, the Joint Comprehensive Plan of Action (JCPOA).

“We are continuing to review the JCPOA,” a State Department official, speaking not for attribution, told Al-Monitor. “While that review in underway, we continue to implement our commitments.”

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