Capernaum: Israeli Prime Minister Benjamin Netanyahu on Monday welcomed the US administration's decision to end sanction waivers for countries importing Iranian oil.
Benjamin Netanyahu, Israeli Prime Minister
The decision is "of very great importance", he said during a visit to Capernaum, on the shores of the Sea of Galilee.
Also Read: US ends waivers for India to buy Iranian oil
The decision means sanctions waivers for five nations, namely China and India and US treaty allies Japan, South Korea and Turkey, won't be renewed when they expire on 2nd May.
The move comes as the administration toughens its already strict penalties on Iran by trying to choke off all the revenue the country makes from oil sales.
