Please ensure Javascript is enabled for purposes of website accessibility
US Reimposes All Iran Sanctions Lifted Under Nuclear Deal
gvw_ap_news
By Associated Press
Published 5 years ago on
November 2, 2018

Share

WASHINGTON — The Trump administration on Friday announced the reimposition of all U.S. 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. It’s the second batch of penalties that the administration has reimposed since President Donald Trump withdrew from the landmark deal in May.

The sanctions will take effect Monday and cover Iran’s shipping, financial and energy sectors. It’s the second batch of penalties that the administration has reimposed since President Donald 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 said the sanctions are “aimed at fundamentally altering the behavior of the Islamic Republic of Iran.” He has released a list of 12 demands that Iran must meet if it wants the sanctions lifted. They include ending support for terrorism, ending military engagement in Syria and completely halting its nuclear and ballistic missile development.

“Maximum pressure means maximum pressure,” he said.

U.S. Allies Will Receive Temporary Waivers

Pompeo said eight nations, which other officials identified as U.S. 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. He said those countries had made efforts to eliminate their imports but could not complete the task by Monday’s deadline.

Treasury Secretary Stephen Mnuchin said 700 more Iranian companies and people would be added to the sanctions lists under the reimposed sanctions.

Iran hard-liners in Congress and elsewhere probably will be disappointed in the sanctions because they were pushing for no oil import waivers as well as the complete disconnection of Iran from the main international financial messaging network known as SWIFT.

Mnuchin defended the move to allow some Iranian banks to remain connected to SWIFT, saying that the Belgium-based firm had been warned that it will face penalties if sanctioned institutions are permitted to use it.

Pompeo and Mnuchin both said the sanctions will have exceptions for humanitarian purchases.

DON'T MISS

Tennessee Lawmakers Pass Bill Criminalizing Adults Assisting Minors in Gender-Affirming Care

DON'T MISS

Wittrup: Vote to Table Bullard Fence Contract Was ‘Retaliatory’

DON'T MISS

Did Arias ‘Weaponize’ City Attorney’s Office by Requesting Documents from Smittcamp?

DON'T MISS

Google Parent Reports Another Quarter of Robust Growth, Rolls Out First-Ever Quarterly Dividend

DON'T MISS

$15 a Pack for Cigarettes? It’s Happening in This US City.

DON'T MISS

USC Scraps Graduation Ceremony Amid Concerns Over Potential Disruptions from Protests

DON'T MISS

US Growth Slows Sharply Amid High Interest Rates and Inflation

DON'T MISS

No Security Fence for Bullard High. Why Did Fresno Trustees Table Bid Award?

DON'T MISS

Fresno Unified Comedy Night: ‘President Trump’ Meets ‘Superintendent Biden’

DON'T MISS

Lawyer Says Iran Rapper Famous for Songs After 2022 Killing of Mahsa Amini Sentenced to Death

UP NEXT

USC Scraps Graduation Ceremony Amid Concerns Over Potential Disruptions from Protests

UP NEXT

US Growth Slows Sharply Amid High Interest Rates and Inflation

UP NEXT

Fresno Unified Comedy Night: ‘President Trump’ Meets ‘Superintendent Biden’

UP NEXT

Lawyer Says Iran Rapper Famous for Songs After 2022 Killing of Mahsa Amini Sentenced to Death

UP NEXT

Hamas Official: We’ll Put Down Arms if an Independent Palestine Is Created

UP NEXT

Ex-State Department Official: Israeli Military Gets Preferential Treatment on Abuses

UP NEXT

Cruisin’ Through Kingsburg’s 29th Annual Car Show

UP NEXT

Police Tangle With Students in Texas and California as Wave of Campus Protest Against Gaza War Grows

UP NEXT

Meet the Valley Republican Predicting a November Win Over Esmeralda Soria

UP NEXT

Wired Wednesday: Construction Workers on 2018 Fresno Unified Project Still Not Paid

Google Parent Reports Another Quarter of Robust Growth, Rolls Out First-Ever Quarterly Dividend

8 hours ago

$15 a Pack for Cigarettes? It’s Happening in This US City.

9 hours ago

USC Scraps Graduation Ceremony Amid Concerns Over Potential Disruptions from Protests

9 hours ago

US Growth Slows Sharply Amid High Interest Rates and Inflation

10 hours ago

No Security Fence for Bullard High. Why Did Fresno Trustees Table Bid Award?

Local Education /

10 hours ago

Fresno Unified Comedy Night: ‘President Trump’ Meets ‘Superintendent Biden’

11 hours ago

Lawyer Says Iran Rapper Famous for Songs After 2022 Killing of Mahsa Amini Sentenced to Death

11 hours ago

Jose Ramirez Bout, Clovis Rodeo Are Center Stage in a Weekend Crammed With Events

12 hours ago

Supreme Court Seems Skeptical of Trump’s Claim of Absolute Immunity But Decision’s Timing Is Unclear

12 hours ago

Hamas Official: We’ll Put Down Arms if an Independent Palestine Is Created

13 hours ago

Tennessee Lawmakers Pass Bill Criminalizing Adults Assisting Minors in Gender-Affirming Care

NASHVILLE, Tenn. — Tennessee’s GOP-controlled Statehouse on Thursday gave their final approval to legislation criminalizing adults who...

7 hours ago

7 hours ago

Tennessee Lawmakers Pass Bill Criminalizing Adults Assisting Minors in Gender-Affirming Care

Local Education /
7 hours ago

Wittrup: Vote to Table Bullard Fence Contract Was ‘Retaliatory’

8 hours ago

Did Arias ‘Weaponize’ City Attorney’s Office by Requesting Documents from Smittcamp?

8 hours ago

Google Parent Reports Another Quarter of Robust Growth, Rolls Out First-Ever Quarterly Dividend

9 hours ago

$15 a Pack for Cigarettes? It’s Happening in This US City.

9 hours ago

USC Scraps Graduation Ceremony Amid Concerns Over Potential Disruptions from Protests

10 hours ago

US Growth Slows Sharply Amid High Interest Rates and Inflation

Local Education /
10 hours ago

No Security Fence for Bullard High. Why Did Fresno Trustees Table Bid Award?

MENU

CONNECT WITH US

Search

Send this to a friend