Sanctions reimposed against Iran

Posted at 4:07 PM, Nov 02, 2018
and last updated 2018-11-02 18:07:10-04

WASHINGTON – The Trump administration is putting sanctions back in place against Iran’s shipping, financial and energy sectors intended to penalize countries that don’t stop importing oil and doing business with blacklisted entities.

Earlier this year, President Trump announced the U.S. was withdrawing from an Obama-era deal to end Iran’s nuclear program.

Officials say the sanctions will stay in place as long as Iran continues to support terrorism, remains involved in the conflict in Syria, and continues development of nuclear and missile capabilities.

President Trump made the initial announcement via Twitter with a Game of Thrones style poster declaring “Sanctions are Coming.”

Members of the European Union have announced they “deeply regret” the move which will impact businesses “engaged in legitimate business with Iran.”