Publish date14 Aug 2021 - 10:41
Story Code : 515094

US imposes new sanctions on Iran

The US Treasury Department has announced new sanctions against businesses involving individuals and businesses facilitating trade and shipment of Iran's oil.
US imposes new sanctions on Iran
The new sanction against the Islamic Republic targets an Omani-based company and the owner as  well as Liberia-based and one Romania-based company.
 
This is while the US President Joe Biden has promised to re-enter the nuclear deal with Iran, known as the JCPOA and leave the failed policy of "maximum pressure" against Iran.
 
Former US President Donald Trump had breached a historical 2015 nuclear deal with the Islamic Republic and imposed sanctions as part of its "maximum pressure" policy in a bid to press Tehran to negotiate a "better deal."
 
Six rounds of talks have been held in the Austrian capital Vienna that have been hailed as "constructive" and "businesslike."
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