USPresidential DocumentOfficial ✓May 13, 2026· Federal Register
Presidential Determination Pursuant to Section 1245(d)(4)(B) and (C) of the National Defense Authorization Act for Fiscal Year 2012
What happened
Summary not yet generated. Open the official source below for the full text.
Why it matters
This policy continues an existing approach to reduce foreign reliance on petroleum from Iran. It signals to foreign financial institutions that they can decrease their transactions involving Iranian petroleum without facing supply shortages. The determination aims to manage global petroleum markets by ensuring adequate non-Iranian sources are available.
Who it affects
- ›Foreign financial institutions purchasing Iranian petroleum
- ›Countries buying petroleum from Iran
- ›Global petroleum markets
- ›Energy Information Administration
Receipts
The receipts are official. The summary is ours.
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