Trump Admin Restores Sanctions To Iran

Leroy Wright
November 14, 2018

He has issued a long list of demands that have to be met by Iran to remove current sanctions which include immediate halt to its nuclear and ballistic missile developed followed by end of state support for military engagement in Syria.

United States sanctions were re-imposed on Monday following the decision by President Donald Trump to pull out of the 2015 nuclear deal earlier this year.

Iranian officials were saying from the first day that USA officials are not able to reduce Iran's oil export to zero, Rouhani noted, but they "kept repeating that they would do this and they recently admitted that they can not reduce Iran's oil export to zero".

The fresh sanctions by the United States will not stop Iran's progress, he said, adding that "Iran is accustomed to the (West's) sanctions, and USA policy is not a new issue for the country".

Washington has accused Iran of agitating regional instability and exporting violence, which has been denied by Tehran.

The current temporary waiver is conditional on Iraq not paying Iran for imports in U.S. dollars.

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Washington last week reimposed a set of sanctions on Iran that aim to isolate the country's banking sector and slash its oil exports.

The 2015 agreement placed strict restrictions on Iran's nuclear program in exchange for billions of dollars in sanctions relief.

Despite the desire to reduce to zero the supply of Iranian oil to the world market, Washington nevertheless went for relief for a number of countries purchasing energy from Iran, including Italy, Greece, Turkey, India, China, South Korea, Japan, Taiwan. "The reinstated sanctions will further erode Iran's economic stature despite its claims of resilience".

According to the US State Department, the exemptions will remain in force for 180 days with no planned extensions.

"The United States is committed to working with our allies and partners to fully implement our maximum pressure campaign in order to change Iran's destructive behavior", it added.

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