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Washington, D.C. - Today Senator Tom Cotton (R-Arkansas) released the following statement on the State Department's announcement that it will no longer grant sanctions waivers for the purchase of Iranian oil:

"The world pays a steep price for Iranian oil, which funds Iran's military aggression and terrorist proxies. Pressure on the Iranian regime was a necessary decision and I commend the leadership of Secretary Pompeo in the efforts to shift oil reliance from Iran."