Iranians protest against US as Washington’s sanctions are to come into force on Monday.
US government has re-imposed trade embargoes targeting the Mideast country’s oil exports known as Tehran’s lifeline industry.The Trump administration is applying pressure over what it claims is Iran’s support for terrorism.Trump said, “The Iran sanctions are very strong. They’re the strongest sanctions we’ve ever imposed.”
The sanctions though come with temporary waivers for 8 of Iran’s top oil buyers including Japan, China and India.The State Department says the waivers will be limited to 180 days and Washington will demand that countries stop importing Iranian oil as soon as possible.
United States is imposing new sanctions on Iran that target the country’s oil exports,targeting over 700 entities & individuals,will find 700 people blacklisted.
President Donald Trump said, “The Iran sanctions are very strong. They’re the strongest sanctions we’ve ever imposed.”
Iran‘s president says his country will break US sanctions and sell oil.
Washington plans to add more than 700 individuals and organizations with links to Iran to a sanctions list.
The sanctions come with temporary waivers for 8 of Iran’s top oil buyers, including Japan, China and India.
The State Department says the waivers will be limited to 180 days, and that Washington will demand that countries stop importing Iranian oil as soon as possible.
In an interview with Fox News, Secretary of State Mike Pompeo said the US wants to change the behavior of the world’s largest state sponsor of terror.
He said, “President Trump has made his position very clear. No economic relief until we have achieved the ultimate objective.”
The US move is seen as a second blow against Iran, following earlier sanctions over the summer that hit the automotive and steel sectors, as well as trade in precious metals.
In May, the Trump Administration pulled out of a landmark 2015 international agreement meant to curb Iran’s nuclear ambitions.
Rouhani says U.S. will regret imposing sanctions on Iran: The United States is isolated in the world and will regret imposing sanctions on Iran, President Hassan Rouhani said on Monday, hours before new sanctions were due to take effect.
US has broadly agreed to grant India a waiver from Iran sanctions, which would allow Indian oil companies to continue to import about 1.25 million tonnes of oil a month till March from Iran. This waiver for India has come 3 Days before US will impose sanctions on Iran.