Sunday, November 4, 2018 | Tag Cloud
Tags: Barack Obama
, Nuclear Deal
, United States
, Worthy News
(Worthy News) - The Trump administration on Friday restored U.S. sanctions on Iran that had been lifted under the 2015 nuclear deal, but carved out exemptions for eight countries that can still import oil from the Islamic Republic without penalty.
The sanctions take effect Monday and cover Iran’s shipping, financial and energy sectors. They are the second batch the administration has re-imposed since Trump withdrew from the landmark accord in May.
The 2015 deal, one of former President Barack Obama’s biggest diplomatic achievements, gave Iran billions of dollars in sanctions relief in exchange for curbs on its nuclear program, which many believed it was using to develop atomic weapons. Trump repeatedly denounced the agreement as the “worst ever” negotiated by the United States and said it gave Iran too much in return for too little.
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