Trump declares comprehensive sanctions on Iran
US President Donald Trump has stated that nations purchasing Iranian oil or petrochemical products will encounter secondary sanctions. This announcement comes amid ongoing discussions between Washington and Tehran regarding Iran's nuclear program....
TroibNews 
US President Donald Trump has stated that nations purchasing Iranian oil or petrochemical products will encounter secondary sanctions.
This announcement comes amid ongoing discussions between Washington and Tehran regarding Iran's nuclear program. Reports indicate that the Islamic Republic may be open to refraining from militarizing its nuclear program in exchange for relief from sanctions.
Trump emphasized on Truth Social that anyone involved in oil trading with Iran “will not be allowed to do business with the United States of America in any way, shape, or form,” insisting that “all purchases of Iranian oil or petrochemical products must stop, now!”
The declaration followed the US State Department's imposition of sanctions on seven companies purportedly engaged in the “illicit” trade of Iranian oil and petrochemical products. The targets include six firms based in the United Arab Emirates, along with one Turkish and one Iranian company.
In its statement, the State Department accused Tehran of exacerbating conflicts in the Middle East, advancing its nuclear program, and supporting “terrorist partners and proxies.” Meanwhile, the US Treasury Department has remained silent on new developments or additional restrictions.
Washington has been pressuring Tehran to reach a new agreement concerning its nuclear program. Trump had previously dismantled the 2015 UN-supported deal during his first term, alleging that Iran had secretly breached the agreement and reinstated sanctions. As a result, Iran has reportedly diminished its compliance with the accord.
In March, Trump threatened military action against Iran “if they don’t make a deal,” to which Tehran responded, asserting it would not submit to pressure. The two parties have conducted three rounds of facilitated talks, with Oman acting as a mediator.
However, Iranian Foreign Minister Abbas Araghchi announced earlier on Thursday that the fourth round of talks had been postponed for “logistical and technical reasons,” while affirming Tehran's determination to secure a fair and balanced agreement.
The US has additionally accused Iran of backing and directing Houthi fighters in Yemen. In response, Trump initiated a comprehensive strike campaign against the militants in March, aimed at safeguarding shipping routes in the Red Sea.
On Thursday, US Defense Secretary Pete Hegseth warned that Iran would face repercussions for its actions at a time and place determined by Washington, while attributing the Houthis’ activities to Iranian support. Tehran has denied these allegations.
Mark B Thomas for TROIB News
This announcement comes amid ongoing discussions between Washington and Tehran regarding Iran's nuclear program. Reports indicate that the Islamic Republic may be open to refraining from militarizing its nuclear program in exchange for relief from sanctions.
Trump emphasized on Truth Social that anyone involved in oil trading with Iran “will not be allowed to do business with the United States of America in any way, shape, or form,” insisting that “all purchases of Iranian oil or petrochemical products must stop, now!”
The declaration followed the US State Department's imposition of sanctions on seven companies purportedly engaged in the “illicit” trade of Iranian oil and petrochemical products. The targets include six firms based in the United Arab Emirates, along with one Turkish and one Iranian company.
In its statement, the State Department accused Tehran of exacerbating conflicts in the Middle East, advancing its nuclear program, and supporting “terrorist partners and proxies.” Meanwhile, the US Treasury Department has remained silent on new developments or additional restrictions.
Washington has been pressuring Tehran to reach a new agreement concerning its nuclear program. Trump had previously dismantled the 2015 UN-supported deal during his first term, alleging that Iran had secretly breached the agreement and reinstated sanctions. As a result, Iran has reportedly diminished its compliance with the accord.
In March, Trump threatened military action against Iran “if they don’t make a deal,” to which Tehran responded, asserting it would not submit to pressure. The two parties have conducted three rounds of facilitated talks, with Oman acting as a mediator.
However, Iranian Foreign Minister Abbas Araghchi announced earlier on Thursday that the fourth round of talks had been postponed for “logistical and technical reasons,” while affirming Tehran's determination to secure a fair and balanced agreement.
The US has additionally accused Iran of backing and directing Houthi fighters in Yemen. In response, Trump initiated a comprehensive strike campaign against the militants in March, aimed at safeguarding shipping routes in the Red Sea.
On Thursday, US Defense Secretary Pete Hegseth warned that Iran would face repercussions for its actions at a time and place determined by Washington, while attributing the Houthis’ activities to Iranian support. Tehran has denied these allegations.
Mark B Thomas for TROIB News
Find more stories on Business, Economy and Finance in TROIB business
