Connect with us

Featured

Massive US Sanctions on Iran Officially Commences

Published

on

The US imposed sanctions on more than 700 legal entities and individuals, Iran’s ships and aircraft. This is stated in a statement released Monday by the US Treasury.

“The Department of Foreign Assets Control of the US Treasury imposed sanctions against more than 700 individuals, organizations, aircraft and ships,” the document says. Among the organizations included in the sanctions list are the national airline Iran Air, the Atomic Energy Organization and the Central Bank of Iran.

According to the press release, this act is a critical part of the re-imposition of the remaining U.S. nuclear-related sanctions that were lifted or waived in connection with the Joint Comprehensive Plan of Action (JCPOA).

OFAC’s action is designed to disrupt the Iranian regime’s ability to fund its broad range of malign activities, and places unprecedented financial pressure on the Iranian regime to negotiate a comprehensive deal that will permanently prevent Iran from acquiring a nuclear weapon, cease Iran’s development of ballistic missiles, and end Iran’s broad range of malign activities.

More News at EurAsian Times

Advertisement
Advertisement

Facebook

FEATURED

F18-India-Deal F18-India-Deal
Asia Pacific38 mins ago

Doors Open For More Rafales, Super Hornets As Accident-Prone Indian MiG-29 Crashes Third Time In A Year

Thursday’s crash of the Indian Navy’s MiG-29K trainer aircraft in the Arabian Sea has once again revived the debate whether...

INDIA-CHINA INDIA-CHINA
Asia Pacific60 mins ago

Xi’s China Eradicates Absolute Poverty; Where Does Modi’s India Stand?

Amid the Covid-19 pandemic, China has reportedly achieved its long-standing goal of ending absolute poverty. However, there have been no...

Iranian-Islamic-Revolutionary-Guards Iranian-Islamic-Revolutionary-Guards
Featured1 hour ago

Israel-Iran War: Why Israel & US Are ‘Keenly Awaiting’ Iran’s Retaliation After Top Nuclear Scientist Assassinated?

Iranian President Hassan Rouhani directly accused Israel of assassinating Mohsen Fakhrizadeh, the Islamic country’s prominent nuclear scientist. He, however, added...

Russia-China Russia-China
Featured11 hours ago

Are Russia & China Taking A Lead From NATO & Working To Develop A Joint Nuclear Powered Aircraft Carrier?

China and Russia’s common adversary, the US, has brought the two powers together and have cooperated by carrying out joint...

JU-88 JU-88
Featured11 hours ago

How The US Got Hold Of Nazi Germany’s Most Ferocious Multi-Role Warplane – The Ju-88s?

The Junkers Ju-88 combat aircraft that was a mainstay in Nazi Germany’s air force, Luftwaffe, miraculously found their way to...

Indian-Armed-Forces Indian-Armed-Forces
Asia Pacific16 hours ago

Indian Elite Marine Commandos (MARCOS) Deployed In Ladakh As India-China Border Tensions Refuse To Die Down

In the latest development in the India-China border standoff, the Indian Navy has deployed its elite Marine Commandos (MARCOS) near...

Bubonic Plague Bubonic Plague
Featured17 hours ago

China Blames India & Pakistan For COVID-19 Pandemic; Gives Clean-Chit To Original Epicenter – Wuhan

A new study by Chinese researchers has now claimed that the COVID-19 virus originated in the summer of 2019 in...

BRAHMOS BRAHMOS
Expert Reviews19 hours ago

Modified Version Of BrahMos Anti-Ship Cruise Missile Successfully Tested; Hits Target With Pinpoint Accuracy

The Russian Navy has once again test-fired its latest hypersonic anti-ship missile Zircon, also spelled as Tsirkon which is reported...

Missile-System Missile-System
Asia Pacific19 hours ago

Japan’s Biggest Threats Aren’t China And North Korea, But A Challenging Issue Within Its Own Army

Japan’s dwindling birthrate has now become a security threat as the Self Defense Forces (SDF) face challenges to recruit personnel...

Boycott-Chinese-Products Boycott-Chinese-Products
Featured21 hours ago

China Ends Western Nuclear Monopoly With Indigenous Hualong One Reactor – Chinese Media

The China National Nuclear Corp (CNNC) claimed on Friday that its first Hualong One, a third-generation pressurized water nuclear reactor,...

Advertisement
Advertisement