... exporting countries are ready to increase production volumes. In this case, Iran could simply lose its market share. Later, Washington cancelled the exemptions altogether, thus even more strengthening the blockade of Iranian oil exports.
4. Even though the European Union criticized the US for withdrawing from the JCPOA and revived the 1996 Blocking Statute, major companies are expected to abide by the US sanctions and leave Iran. Over the past 15 to 20 years, the United States has created a powerful tool in the form of secondary sanctions that mostly consist of imposing fines on companies in breach of the US sanctions. Although these fines are mostly ...
... and that some modus vivendi with the Islamic Republic is indispensable.
Andrey Kortunov:
Iran’s Ultimatum to Europe: Is the JCPOA Doomed?
Four years ago, a protracted and very difficult multilateral negotiating process resulted in the signing of a nuclear ... ... diplomatic and economic pressure on the Islamic Republic. The White House walked out of the JCPOA, introduced new and tough sanctions against Tehran, and started energetically building a broad anti-Iran coalition in the region.
As might be expected, ...
On August 7, new US sanctions against Iran came into force. The European Union declared its intention to block them in order to protect European companies working in Tehran. Can this policy ... ... The statements Trump and his team are making towards Iran – including that of May 8 concerning the US withdrawal from the JCPOA – demonstrate that the core of the problem, how it is viewed in Washington today, lies not in the nuclear field, but in ...