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The sanctions against Iran resumed today

November 5, 2018

  Back in August a war of words began to heat up between Donald Trump  and Iranian President Hassan Rouhani when the President threatened to make good on his campaign promise to rip up the Iran nuclear deal and re-implement the sanctions on the terror-sponsoring country.

  Donald Trump, much like he did with North Korea, then tried to leverage the threat in order to set up a meeting with Iran but the rogue nation refused and Donald Trump reinstate the sanctions. Today, despite John Kerry and other Obama-era officials efforts to undermine United States foreign policy, those sanctions went back into effect and needless to say Iran is none to happy because the United States actually has a President who will not back down and is not afraid to stand his ground.

  Here is more:

The U.S. re-imposed all sanctions Monday on Iran that once were lifted under its 2015 nuclear deal with world powers, grinding further down on the Islamic Republic’s already-ailing economy in what President Hassan Rouhani described as a “war situation” now facing Tehran.

The U.S. Treasury Department imposed penalties on more than 700 Iranian and Iranian-linked individuals, entities, aircraft and vessels in the new sanctions. Among those are 50 Iranian banks and subsidiaries, more than 200 people and ships, Iran’s state-run airline Iran Air and more than 65 of its planes.

The new sanctions particularly hurt Iran’s vital oil industry, which provides a crucial source of hard currency. U.S. Secretary of State Mike Pompeo told journalists in Washington the sanctions already had cost Iran the sale of over 1 million barrels of crude oil a day.

“Our objective is to starve the Iranian regime of the revenue it uses to fund violent and destabilizing activities throughout the Middle East and, indeed, around the world,” Pompeo said. “The Iranian regime has a choice: It can either do a 180-degree turn from its outlawed course of action and act like a normal country, or it can see its economy crumble.”

  Iran is basically calling this an act of war and comparing Donald Trump to Saddam Hussein. The situation is sure to get tense and the question will be, who is going to blink first? In the North Korea showdown it was Kim Jong Un, will the same think happen with Iran? Only time will tell…

malo periculosam libertatem quam quietum servitium

 

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3 Comments leave one →
  1. November 7, 2018 12:03 am

    Might find this of interest:

    Like

  2. November 7, 2018 10:28 am

    No doubt many governments were waiting to see if Trump was going to get cut off at the knees yesterday. This may change the tone.. China especially.

    Liked by 1 person

    • November 7, 2018 8:33 pm

      That’s an interesting point, it will be interesting to see how this plays out.

      Liked by 1 person

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