Trump Restores All US Sanctions on Iran Previously Lifted Under 2015 Nuclear Deal
The White House had previously said that the sanctions will remain until Iran agrees to meet the US' demands that include ending military engagement in Syria, a complete halt in its nuclear and ballistic missile development and ending 'its support for terrorism'.
File image of US President Donald Trump. (Reuters)
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Washington: The Trump administration has announced return of all US sanctions on Iran that were lifted under 2015 nuclear deal. The strategy is meant to cripple Iran’s oil-dependent economy and force Tehran to quash not only its nuclear ambitions but this time, its ballistic missile programme and its influence in Syria.
The United States had already restored few of its sanctions on the Islamic Republic targeting the financial transactions involving U.S. dollars, Iran's automotive sector and the purchase of commercial aeroplanes and metals, including gold. This is the second batch of penalties reimposed on Iran.
Earlier in May, shortly after US President Donald Trump had announced that he would reimpose sanctions on Iran, the State Department began telling countries around the world that the clock was ticking for them to cut oil purchases from the Islamic Republic to zero.
Iran's biggest oil customers, all in Asia, have been seeking sanctions waivers to allow them to still buy some of its oil and Trump had reportedly agreed to grant waivers to eight countries, including close allies India, South Korea and Japan.
The White House had previously said that the sanctions will remain until Iran agrees to meet the US' demands that include ending military engagement in Syria, a complete halt in its nuclear and ballistic missile development and ending 'its support for terrorism'.
(With agency inputs)
The United States had already restored few of its sanctions on the Islamic Republic targeting the financial transactions involving U.S. dollars, Iran's automotive sector and the purchase of commercial aeroplanes and metals, including gold. This is the second batch of penalties reimposed on Iran.
Earlier in May, shortly after US President Donald Trump had announced that he would reimpose sanctions on Iran, the State Department began telling countries around the world that the clock was ticking for them to cut oil purchases from the Islamic Republic to zero.
Iran's biggest oil customers, all in Asia, have been seeking sanctions waivers to allow them to still buy some of its oil and Trump had reportedly agreed to grant waivers to eight countries, including close allies India, South Korea and Japan.
The White House had previously said that the sanctions will remain until Iran agrees to meet the US' demands that include ending military engagement in Syria, a complete halt in its nuclear and ballistic missile development and ending 'its support for terrorism'.
(With agency inputs)