US imposes new sanctions on Iran



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US imposes new sanctions on Iran



The United States has introduced new sanctions on Iran, but has allowed exemptions to investigate the fall of Ukrainian aircraft, and is convinced that sanctions are more effective against the Iran regime than the international nuclear agreement from which they withdrew.

The sanctions are directed against eight senior regime officials who “fueled the destabilizing effect” of the Islamic Republic and the country's largest producers of steel, aluminum, copper and iron, Washington reported.



The Trump administration has listed 17 Iranian metal producers and mining companies, US Treasury Secretary Steven Mnuchin said at a news conference.

The list also includes a network of three legal entities headquartered in China and Seychelles, as well as a ship involved in the purchase, sale and transportation of Iranian metal products and the supply of major ingredients to Iranian metal producers, Mnuchin said.

“We are one hundred percent sure (…) that economic sanctions are working,” he added.

The minister says they have been damaged by tens of billions of dollars

Iran would earn “literally tens of billions of dollars” without US sanctions, the US minister explained.

“They would use this for terrorist activities across the region,” Mnuchin said, adding, “There is no doubt that by interrupting funding for the regime, we have had an effect.”

US sanctions policy on Iran is a much more effective non-proliferation tool that seeks to force Tehran to negotiate a broader treaty than a 2015 nuclear deal, US Special Envoy to Iran Brian Hook told reporters on Friday.

“Iran must never possess nuclear weapons. That would be a disaster for the Middle East,” Hook said.

“Ever since we are out of the nuclear deal with Iran, we are in a much better position to ban Iran with nuclear weapons,” Hook said.

“This allows us to respond strongly to Iranian aggression in the region and that is what we have achieved with our sanctions,” Hook concluded.

US Treasury Secretary Steven Mnuchin said on Friday that sanctions exemptions would be provided to allow Americans or anyone else to participate in an investigation into the fall of the Ukrainian Boeing 737-800 in Iran in which 176 people were killed Wednesday.

US imposes new sanctions on Iran

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