Moon Of Alabama
363 days ago the U.S. left the Joint Comprehensive Plan of Action (JCPOA), the 'nuclear deal' with Iran, and reintroduced sanctions against trade with Iran.
When the U.S. reintroduced sanctions on Iran it provided sanction 'wavers' for some customers of Iranian oil. Two weeks ago the extremists in the Trump administration won out and the those waivers were eliminated. Some of Iran's customers, Iraq, Turkey and China, will continue to buy Iranian oil and will face U.S. sanctions.
The declared aim of the Trump administration's 'maximum pressure campaign' is to bring all trade with Iran to zero and the country to its knees.
On Wednesday May 8, one years after the U.S. breached the deal, it will announce additional sanctions against the country:
Iran will use the anniversary of the U.S. breach of the deal to announce that it will no longer stick to some of the restrictions of the JCPOA.
Read more
363 days ago the U.S. left the Joint Comprehensive Plan of Action (JCPOA), the 'nuclear deal' with Iran, and reintroduced sanctions against trade with Iran.
When the U.S. reintroduced sanctions on Iran it provided sanction 'wavers' for some customers of Iranian oil. Two weeks ago the extremists in the Trump administration won out and the those waivers were eliminated. Some of Iran's customers, Iraq, Turkey and China, will continue to buy Iranian oil and will face U.S. sanctions.
The declared aim of the Trump administration's 'maximum pressure campaign' is to bring all trade with Iran to zero and the country to its knees.
On Wednesday May 8, one years after the U.S. breached the deal, it will announce additional sanctions against the country:
The Wall Street Journal reported last week that new sanctions would target petrochemical sales. I'm told the administration will likely impose those sanctions soon, but the new sanctions planned for this week will target a different sector of the Iranian economy.The only European response to the new announcements was a lame statement. The EU should fight for the JCPOA deal as it is in its interest. But instead it is slow-walking its badly designed INSTEX mechanism that would allow for sanction free trade with Iran.
Iran will use the anniversary of the U.S. breach of the deal to announce that it will no longer stick to some of the restrictions of the JCPOA.
Read more
No comments:
Post a Comment