Presidential Determination Pursuant to Section 1245(d)(4)(B) and (C) of the National Defense Authorization Act for Fiscal Year 2012, 26345 [2018-12332]
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[Federal Register Volume 83, Number 109 (Wednesday, June 6, 2018)] [Presidential Documents] [Page 26345] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 2018-12332] [[Page 26343]] Vol. 83 Wednesday, No. 109 June 6, 2018 Part II The President ----------------------------------------------------------------------- Presidential Determination No. 2018-08 of May 14, 2018--Presidential Determination Pursuant to Section 1245(d)(4)(B) and (C) of the National Defense Authorization Act for Fiscal Year 2012 Presidential Documents Federal Register / Vol. 83 , No. 109 / Wednesday, June 6, 2018 / Presidential Documents ___________________________________________________________________ Title 3-- The President [[Page 26345]] Presidential Determination No. 2018-08 of May 14, 2018 Presidential Determination Pursuant to Section 1245(d)(4)(B) and (C) of the National Defense Authorization Act for Fiscal Year 2012 Memorandum for the Secretary of State[,] the Secretary of the Treasury[, and] the Secretary of Energy By the authority vested in me as President by the Constitution and the laws of the United States, after carefully considering the reports submitted to the Congress by the Energy Information Administration, including the report submitted in April 2018, and other relevant factors such as global economic conditions, increased oil production by certain countries, the global level of spare petroleum production capacity, and the availability of strategic reserves, I determine, pursuant to section 1245(d)(4)(B) and (C) of the National Defense Authorization Act for Fiscal Year 2012, Public Law 112-81, and consistent with prior determinations, that there is a sufficient supply of petroleum and petroleum products from countries other than Iran to permit a significant reduction in the volume of petroleum and petroleum products purchased from Iran by or through foreign financial institutions. I will continue to monitor this situation closely. The Secretary of State is authorized and directed to publish this determination in the Federal Register.(Presidential Sig.) THE WHITE HOUSE, Washington, May 14, 2018 [FR Doc. 2018-12332 Filed 6-5-18; 11:15 am] Billing code 4710-10-P
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