White House reimposes oil, shipping and banking sanctions on Iran with limited international support
WASHINGTON - The Trump administration announced plans Friday to reimpose sweeping sanctions on Iran's shipping, banking and oil industries and vowed "severe consequences" against any country or company that violates them, a move that has roiled relations with U.S. allies.
The aggressive array of sanctions will go into effect Monday, a day before the midterm election and six months after President Donald Trump withdrew from the landmark Iran nuclear accord.
Unlike the global coalition that forced Iran to abandon its nascent nuclear program in 2015, the White House has struggled to gain broad diplomatic support for its decision to slap back all the U.S. sanctions that were lifted as part of the disarmament deal.
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