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...) ]

Copyright 1999-2018 Worthy News. All rights reserved.
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Leave a Comment