Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
News18 » World
1-min read

Trump Restores All US Sanctions on Iran Previously Lifted Under 2015 Nuclear Deal

The White House had previously said that the sanctions will remain until Iran agrees to meet the US' demands that include ending military engagement in Syria, a complete halt in its nuclear and ballistic missile development and ending 'its support for terrorism'.

News18.com

Updated:November 2, 2018, 10:07 PM IST
facebookTwitterskypewhatsapp
Trump Restores All US Sanctions on Iran Previously Lifted Under 2015 Nuclear Deal
File image of US President Donald Trump. (Reuters)

Washington: The Trump administration has announced return of all US sanctions on Iran that were lifted under 2015 nuclear deal. The strategy is meant to cripple Iran’s oil-dependent economy and force Tehran to quash not only its nuclear ambitions but this time, its ballistic missile programme and its influence in Syria.

In response to the reimposition of the U.S. sanctions on the country's vital oil and financial sectors, Iran reasserted on Friday that it had no concerns over the matter.

"America will not be able to carry out any measure against our great and brave nation ... We have the knowledge and the capability to manage the country's economic affairs," Iran's Foreign Ministry spokesman Bahram Qasemi told state TV.

The United States had already restored few of its sanctions on the Islamic Republic targeting the financial transactions involving U.S. dollars, Iran's automotive sector and the purchase of commercial aeroplanes and metals, including gold. This is the second batch of penalties reimposed on Iran.

"The possibility of America being able to achieve its economic goals through these sanctions is very remote and there is certainly no possibility that it will attain its political goals through such sanctions," Qasemi said.

"The new US sanctions will mostly have psychological effects."

Earlier in May, shortly after US President Donald Trump had announced that he would reimpose sanctions on Iran, the State Department began telling countries around the world that the clock was ticking for them to cut oil purchases from the Islamic Republic to zero.

Iran's biggest oil customers, all in Asia, have been seeking sanctions waivers to allow them to still buy some of its oil and Trump had reportedly agreed to grant waivers to eight countries, including close allies India, South Korea and Japan.

The White House had previously said that the sanctions will remain until Iran agrees to meet the US' demands that include ending military engagement in Syria, a complete halt in its nuclear and ballistic missile development and ending 'its support for terrorism'.

(With agency inputs)

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

| Edited by: Ahona Sengupta
Read full article
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results