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