United States sanctions against Iran: GK, Current Affairs, Questions, Trivia and News

US General McKenzie to ensure resources for tackling Iran

The Chief of US Central Command General Kenneth McKenzie has stated that the US will deploy the needed resources for tackling all the actions taken by Iran. In an official quote to the Sky News Arabia, McKenzie stated, “We’re going continue to reach out to our partners and friends in the region to ensure that ..

US: No waiver for China on stopping purchase of Iranian Oil

The Trump administration has stated that there will be no short-term waiver or any wind-down period over China’s oil purchases from the Republic of Iran in the wake of the recent announcement made by Washington that the customers of Iran should halt their purchases by May 1 or have to face US sanctions. The administration ..

Oil Prices hiked in Turkey over US sanctions on Iran

US decision to re-impose economic sanctions on the Iranian Republic will hit Turkey hard next week as the waiver to continue to buy oil from Iran expires. Turkey which is an energy-hungry nation will have to suffer the aftermath of the unilateral decision taken by the US administration. Turkey was among the eight nations which ..

Iran declares US Army as “Terrorist” Organisation

Iran declares US Army as “Terrorist” Organisation thus marking a major retaliatory step within weeks of US declaring elite Iran’s Islamic Revolutionary Guard Corps as a terrorist outfit. The approval of the Bill in the Iranian Parliament has come one day after the Trump administration has further intensified pressure on Iran by announcing that no ..

More US sanctions on Iran

US imposed more sanctions on Iran to weaken its oil export dependent economy. It imposed Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (CISADA) and put penalizing action against those who continued to maintain ties with Iran. Due to sanctions, Bank of Kunlun in China and Elaf Islamic Bank in Iraq were punished for ..

US Sanctions on Banks engaged in Iranian oil transactions

United States announced new sanctions against foreign banks that assist Iran sell its oil. The fresh sanctions will target anyone buying Iranian petrochemicals or facilitating payments to Iran, including an Iraqi or Chinese Bank. This has been done to further increase the pressure on Iran. After the move, China, a huge importer of Iranian oil, ..

Fresh sanctions imposed on Iran

The US imposed fresh sanctions against Iran increasing pressure on Tehran to take seriously concerns about its suspected nuclear weapons programme. The Treasury and State Department actions target more than 50 entities linked to Iran’s procurement, petroleum, and shipping networks. According to US Treasury and State Department the move is directed towards disrupting Iran’s nuclear ..