Iran’s Oil Sector under Renewed Sanctions: Adopting to the New Reality
... reimposed all sanctions on Iran in November 2018, it seems clear that Europe won’t challenge this decision. For a year already the E.U. has been promising to launch a special purpose vehicle (SPV) to bypass U.S. sanctions and continue trading with Iran, including oil, in order to preserve JCPOA, but as of yet it hasn’t materialized. Andrey Kortunov: What Is the US Endgame in Iran? 2018 Game Changer Donald Trump’s decision to pull out of JCPOA in May 2018 and his further move to reimpose all sanctions on Iran, including the embargo ...