exemptions News

Small Commercial Trucks in Kansas Exempt from Most Safety Rules

Starting July 1, Kansas is granting a yearlong exemption to small commercial trucks from most of the safety regulations it imposes upon larger haulers, despite the misgivings of some officials. The Topeka Capital Journal reports that the exemption is the …

US Grants Iran Sanctions Exceptions to China, Singapore

The United States gave China a six-month reprieve from Iran financial sanctions on Thursday, avoiding a diplomatic spat with a country whose support it needs to try to quell violence in Syria and rein in Tehran’s nuclear ambitions. With Thursday’s …

U.S. Exempts India, Other Countries, Not China, from Iran Sanctions

The United States extended exemptions from its tough, new sanctions on Iran’s oil trade to seven more economies on Monday, leaving China the last remaining major importer exposed to possible penalties at the end of the month. In the latest …

U.S. Exempts 11 Countries from Iran Oil Sanctions; China, India Exposed

The United States exempted Japan and 10 EU nations from financial sanctions because they have significantly cut purchases of Iranian oil, but left Iran’s top customers China and India exposed to the possibility of such steps. The decision means banks …

EU Fails to Agree on Exemptions for Iran Oil Transport Insurance

European Union diplomats on Tuesday postponed a decision on whether to grant any exemptions to insurance provided for Iranian crude shipments when the bloc implements oil sanctions on Iran, an EU diplomat said. Asian oil importers have lobbied European governments …