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The sanctions build on those previously imposed on Oct. 11 and come in response to Iran's Oct. 1 attack on Israel and to its announced nuclear escalations, the U.S. Department of Treasury said in ...
A top U.N. official on Tuesday pushed world powers and Iran to urgently work to restore a 2015 deal that lifted sanctions on Tehran in return for restrictions on its nuclear program, warning that ...
Trump, who takes office on Jan. 20, could return to his hardline Iran policy by stepping up sanctions on Iran's oil industry. Sullivan said Trump would have an opportunity to pursue diplomacy with ...
Renewed the mandate of the Iran Sanctions Committee’s Panel of Experts for one year. United Nations Security Council Resolution 2231 - Passed 20 July 2015. Endorsed the Joint Comprehensive Plan of Action and lifted all previous sanctions on Iran provided that Iran remains in compliance with its responsibilities in the nuclear deal ...
The United States sanctions against Iran were imposed in November 1979 after radical students seized the American Embassy in Tehran and took hostages.The sanctions were imposed by Executive Order 12170, which included freezing about $8.1 billion in Iranian assets, including bank deposits, gold and other properties, and a trade embargo.
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Following the US pullout from an international nuclear deal with Iran and re-imposed sanctions, Iran faced the toughest economic situation in 40 years. [345] According to Majlis, this has caused damages estimated between 150 and 200 billion dollars to the Iranian economy. [346] In August 2024, an Iranian group called IRLeaks attacked Iranian banks.
Oil prices were already on an upward trend since late December, with traders uncertain over President-elect Donald Trump's policy toward Iran. Tehran currently produces more than 3 million barrels ...