With New Sanctions, US Vows To ‘Severely Restrict’ Iran Oil Sales

The Biden administration explicitly links a fresh round of US sanctions to failure to restore the 2015 Iran nuclear agreement.

Washington, DC – The Biden administration has announced a new round of sanctions against Iran, vowing to impose financial penalties on a “regular basis” in an effort to “severely restrict” Iranian oil and petrochemical exports.

The measures announced on Thursday target several firms and “front companies” based in China, the United Arab Emirates, Hong Kong, and India that the United States accuses of involvement in the sale of Iranian petroleum and petrochemical products.


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Edited by Jesus Chan

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