Trump Says "Sanctions Are Coming" for Iran

Trump Says

So having sanctions back at the same time, on the same day basically, that the Iranians go to the streets to demonstrate against USA foreign policy, I don't know if it's a coincidence or it was designed, but I think more than what you see with regard to the Iranian public I think the Trump administration is looking at the midterm elections.

Turkey's Energy Ministry said on Friday it had heard rumors of waivers but added it had not received written notification of any exemption on buying Iran oil after the United States reimposes sanctions on Tehran.

Pompeo said the president is "trying diligently to get our foolish immigration laws changed", and that "many of the challenges we face today with illegal immigration are because we have a set of rules, a set of laws that don't allow us to fully secure that southern border".

Pradhan also expressed hope that India and other leading oil buyers will benefit from the waiver the United States has granted them from Iran sanctions. "These concessions are critical to ensuring that we increase our maximum pressure campaign and accelerate towards zero", Pompeo said.

U.S. sanctions targeting Iran's oil sales and banking sectors are being restored on Monday as part of a wider effort by Mr Trump to force Tehran to halt its nuclear and ballistic missile programmes outright. Pompeo said they are created to "alter the Iranian regime's behavior", especially its support of terrorist groups like Hezbollah.

Announcing that India is one of the companies to get a waiver in the U.S. sanctions on Iran, Pradhan said that India has been able to get its own way.

Mnuchin said today that SWIFT "would be subject to USA sanctions if it provides financial messaging services to certain designated Iranian financial institutions" and that the U.S.

Shipments have plunged 37 per cent since President Donald Trump announced that he'd reimpose sanctions, and once those penalties kick in on Nov 5, the overall supply disruption could become the biggest since Libya erupted in civil war at the start of the decade.

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"We would lose foreign currency revenue had we'd been hit by the sanctions".

Mnuchin warned that SWIFT will be subject to US sanctions if it provides financial messaging services to designated Iranian financial institutions. "A normal, stable and developing Iran is good for all concerned", Dr Gargash tweeted.

That process will be completed starting from midnight Sunday, US eastern time, when sanctions on the regime's banks, shippers, shipbuilders and oil sector are imposed. "It is obviously impossible to exclude Iranian oil from the market", Kardor told ISNA.

"Regarding oil sanctions, we had experience of it in previous periods and we could also get through them somehow", a man named Moaref told Ruptly.

Former US President Barack Obama had spent considerable political capital to strike a nuclear deal with Iran in 2015.

The agreement saw Iran limit its controversial nuclear activities in exchange for sanctions relief.

Besides India, the U.S. has agreed to let seven more countries including Japan and South Korea to keep buying oil from Iran after it reimposes sanctions next week.

The last time worldwide sanctions were imposed on its oil industry between 2010 and 2016, Iran's exports fell by nearly a half.

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