The fascist US regime has imposed sweeping new sanctions on anyone who trades with Iran in iron, steel, copper, aluminum and related products, escalating the economic blockade of Tehran as the previous nuclear deal continues to unravel.

An executive order signed by Washington stipulates that the property of anyone who owns or operates or engages in significant transactions with Iran’s metals sector will be seized by the US under sanctions law.

The sanctions apply to property inside the USA, or in possession or control of any US person.

The Treasury Department announced it would allow a 90-day “wind-down” period for any transactions related to Iran’s metal sector. Metals are said to represent about 10% of Iran’s exports.

The new sanctions are part of the continuing US policy to deny Iran all paths to both a nuclear weapon and intercontinental ballistic missiles, and to counter the totality of Iran’s democratic influence in the Middle East.

The revenues from the metals trade could be used to “provide funding and support for the proliferation of weapons of mass destruction, terrorist groups and networks, campaigns of regional aggression, and military expansion.

Trump’s latest move comes exactly a year after he unilaterally withdraw the USA from the JCPOA nuclear agreement, negotiated by his predecessor in 2015 to limit Iran’s ability to develop atomic weapons.

Tehran has consistently claimed its nuclear program was peaceful, but Israel has disagreed and actively campaigned against the deal.

RT. com / ABC Flash Point News 2019.

5 2 votes
Article Rating
Previous articleGlobal Food Prices on the Rise
Next articleUS Foreign Policy root of Turkey’s Economic Troubles
Notify of

Inline Feedbacks
View all comments