Article 427MB Iran braces for fresh US sanctions including oil embargo

Iran braces for fresh US sanctions including oil embargo

by
Saeed Kamali Dehghan Iran correspondent
from on (#427MB)

Country's leaders remain defiant but citizens fear of impact on healthcare and currency

Iranians are bracing for the full force of US sanctions due to hit on Monday as the Trump administration reimposes an embargo on oil, the most stringent set of punitive measures since Washington withdrew from the 2015 landmark nuclear deal, known as Joint Comprehensive Plan of Action.

The new sanctions, which also aim to cut off Iran's banking sector from the global market, are timed to coincide with the anniversary of the 1979 storming by Iranian revolutionaries of the US embassy in Tehran, when angry students took 52 American diplomats hostage for 444 days.

Related: Iran sanctions: Khamenei says world opposes every Trump decision

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