US reimposes sanctions on iran

Added On November 7, 2018

The U.S. on Monday officially reimposed sanctions on Iran's shipping, financial and energy sectors.
In response, Iranian President Hassan Rouhani has said the United States will not be able to stop Iran's oil exports.
The sanctions came after the Trump administration announced the U.S. exit from the Iran nuclear deal in May.
The U.S. Treasury released a number of details about the specific targets of the sanctions.
"Our actions include the identification of more than 400 targets, including over 200 persons and vessels in Iran's shipping and energy sector; Iran Air, the national airline of Iran, and more than 65 aircraft; the placement of nearly 250 persons in associated block properties on the Specially Designated Nationals list; the Atomic Energy Organization of Iran."
U.S. Secretary of State Mike Pompeo warned Iran of possible further punishments.
"We hope a new agreement with Iran is possible, but until Iran makes changes in the 12 ways that I listed in May, we will be relentless in exerting pressure on the regime."
In response to U.S. moves, Iranian President Hassan Rouhani has voiced strong opposition, saying Iran will break the sanctions in the "appropriate" way.
Rouhani has also said Iran will continue to sell its crude oil in the international market despite "cruel" U.S. new sanctions.
Russian President Vladimir Putin's special envoy Alexander Lavrentiev arrived in Iran's capital Tehran on Monday to express Russia's support for Iran.
The envoy also called for concreted action by the international community to stand against U.S. unilateralism, and denounced the use of economic and trade tools for imposing a country's political will on others.
A spokesperson of Chinese Foreign Ministry said on Monday that China regrets that the U.S. made this decision, and society at large has shown widespread opposition to unilateral sanctions and long-arm jurisdiction. 
The spokesperson noted that the the Iran nuclear deal is a multilateral agreement that is approved by the United Nations Security Council, which should be fully and effectively implemented.