US Treasury Secretary Steven Mnuchin said that US intends to use sanctions against China, Russia, EU and other countries which import Iranian oil, sputnik reported on Wednesday. “We intend to enforce sanctions on them [China], on Russia, on Europe and others against Iran oil,” Mnuchin said when asked if the US would impose sanctions on […]
US Treasury Secretary Steven Mnuchin said that US intends to use sanctions against China, Russia, EU and other countries which import Iranian oil, sputnik reported on Wednesday.
“We intend to enforce sanctions on them [China], on Russia, on Europe and others against Iran oil,” Mnuchin said when asked if the US would impose sanctions on China for importing Iranian oil.
US President Donald Trump has withdrawn the US from the Iran nuclear agreement, pledging to reimpose sanctions lifted under the deal as well as those concerning other countries doing business with Iran.
Previously, Washington revealed that it was set to impose new sanctions on Iran and urged all of the world’s countries, including its allies, not to purchase Iranian oil and to cut any trade ties with the Middle Eastern country, so that its exports eventually drop to zero by November; the states that fail to do so will be blacklisted by the US.
The American sanctions targeting Iran come after the US decision to withdraw from a 2015 nuclear deal and introduce new sanctions against the Middle Eastern country on May 8. Britain, France, Germany, China and Russia — five states that have remained in the nuclear deal — are still committed to the plan.
