Many of the sanctions imposed by the administration of then-President Donald Trump after the 2018 US withdrawal from the JCPOA hobbled the Iranian economy, punishing the regime.
The action freezes any US assets of those blacklisted and generally bars Americans from dealing with proliferators of weapons of mass destruction and their supporters.
President Hassan Rouhani in June said his country was experiencing the toughest year because of US economic pressure and the coronavirus pandemic which has hit the Islamic Republic hard.
“With their illegal and inhuman sanctions, and terrorist actions, the Americans have inflicted 150 billion dollars of damage on the people of Iran,” Rouhani said.
The US is precisely right to take extreme action against Iran.
The US is putting in place sweeping measures to confront the Iranian nuclear program.
TankerTrackers has found that Iran has conducted maneuvers with foreign tankers many times to transfer and export millions of barrels of oils and bypass US sanctions.
These actions inside Iran send a strong message to the Islamic Republic - that it is vulnerable.
Faced with mounting US sanctions, Hezbollah leader in troubled waters, experts say