Trump’s Iran strategy targets oil, presses allies to end oil imports by Nov. 4
(Worthy News) – Following through on President Trump’s promise to squeeze Iran as he took the U.S. out of the 2015 nuclear deal, the Trump administration on Tuesday announced details on new sanctions that will pressure countries from Europe to Asia to slash imports of Iranian oil to zero by Nov. 4, giving allies no wiggle room to deal with Tehran.
The unexpectedly harsh target rocked markets and caused new consternation by the regime in Tehran, which was already dealing this month with a string of revived popular protests over the country’s weak economy and plummeting currency.
The move also puts new pressure on key U.S. allies such as Britain, Germany and France, which have scrambled to preserve the nuclear accord with Iran — and the promising of an easing of economic sanctions on the regime — in the wake of Mr. Trump’s unilateral decision last month to renounce the accord negotiated by President Obama. [ Source: Washington Times (Read More…) ]
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