Presidential Determination Pursuant to Section 1245(d)(4)(B) and (C) of the National Defense Authorization Act for Fiscal Year 2012, 92025 [2024-27440]

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• Executive Office of the President

[Federal Register Volume 89, Number 225 (Thursday, November 21, 2024)]
[Presidential Documents]
[Page 92025]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-27440]




                        Presidential Documents 



Federal Register / Vol. 89 , No. 225 / Thursday, November 21, 2024 / 
Presidential Documents

[[Page 92025]]


                Presidential Determination No. 2025-01 of November 7, 
                2024

                
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 October 2024, and 
                other relevant factors, including global economic 
                conditions, the level of spare 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, November 7, 2024

[FR Doc. 2024-27440
Filed 11-20-24; 8:45 am]
Billing code 4710-10-P