29 Mar 2024
Friday 13 March 2020 - 13:29
Story Code : 372205

Trump extends Iran oil development sanctions for another year

Sputnik - The US government is renewing sanctions related to the development of Irans oil resources, President Donald Trump announced in a statement on Thursday.

"The actions and policies of the Government of Iran continue to pose an unusual and extraordinary threat to the national security, foreign policy, and economy of the United States", Trump said. "I am continuing for one year the national emergency with respect to Iran declared in Executive Order 12957".
The emergency declaration authorises sanctions issued originally under the Clinton administration, which ban US persons or entities from engaging in business related to the development of petroleum resources located in Iran. Then-President Bill Clinton told Congress the measures were being implemented due to Irans alleged involvement with international terrorism and WMD development.

Earlier, Tehran called on Washington to lift sanctions because they are hindering Iran's response to the coronavirus outbreak.

The total number of the coronavirus disease (COVID-19) cases in Iran has risen to over 10,000, while the death toll has reached 429 people, Alireza Vahabzadeh, an adviser to the country's health minister, said on Thursday.
Last year, Iran started to reduce its obligations under the 2015 nuclear deal, which was signed to ensure the peaceful nature of Tehrans nuclear program, in response to US President Donald Trumps decision to withdraw the United States from the agreement.
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