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US Just Reimposed All Sanctions on Iran

Move follows decision to withdraw from 2015 nuclear deal
By Newser Editors and Wire Services
Posted Nov 2, 2018 11:47 AM CDT
In this Nov. 17, 2007, file photo, a worker repairs a part of a unit of the Tehran oil refinery in Tehran, Iran.   (AP Photo/Vahid Salemi, File)

(Newser) – The Trump administration on Friday announced the reimposition of all US sanctions on Iran that had been lifted under the 2015 nuclear deal. The sanctions will take effect Monday and cover Iran's shipping, financial, and energy sectors, the AP reports. It's the second batch of penalties the administration has reimposed since President Trump withdrew from the landmark deal in May. With limited exceptions, the sanctions will penalize countries that don't stop importing Iranian oil and foreign companies that do business with blacklisted Iranian entities, including Iran's central bank, a number of private financial institutions, and state-run port and shipping companies. Secretary of State Mike Pompeo, who released a list of 12 demands Iran must meet if it wants the sanctions lifted, said they're "aimed at fundamentally altering the behavior of the Islamic Republic of Iran."

The sanctions include ending support for terrorism, ending military engagement in Syria, and completely halting its nuclear and ballistic missile development. "Maximum pressure means maximum pressure," Pompeo said. Pompeo said eight nations, which other officials identified as US allies such as Italy, India, Japan, and South Korea, will receive temporary waivers allowing them to continue to import Iranian petroleum products for a limited period as long as they end such imports entirely. Treasury Secretary Steven Mnuchin said 700 more Iranian companies and people would be added to the sanctions lists under the reimposed sanctions. Pompeo and Mnuchin both said the sanctions will have exceptions for humanitarian purchases. (Hawks in Congress want to get tougher on Iran.)


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