What Does Biden’s ‘Deliberate Ambiguity’ on Iran Sanctions Imply? | WHAT REALLY HAPPENED X-Frame-Options: SAMEORIGIN

What Does Biden’s ‘Deliberate Ambiguity’ on Iran Sanctions Imply?

The Trump administration tightened the noose further around Iran’s beleaguered economy on Thursday, October 8, announcing a fresh round of sanctions that will effectively shut the country out of the global financial system.

The Trump administration has imposed sanctions on eighteen major Iranian banks in one of the most extensive such moves by Washington against Tehran in months. The order will also penalize non-Iranian institutions trading with them, effectively cutting the banks off from the international financial system.

Significantly, the sanctions also target foreign companies that do business with the banks, giving them 45 days to cease such activities or face “third-party sanctions.”

“The United States expects all U.N, member states to fully comply with their obligations to implement these measures,” Mike Pompeo announced in September. “If UN member states fail to fulfill their obligations to implement these sanctions, the United States is prepared to use our domestic authorities to impose consequences for those failures and ensure that Iran does not reap the benefits of UN-prohibited activity.”