US Edition'We'll Be Ruined': Iranians Feel Strain as Sanctions Snap Back
The E3 triggered a mechanism citing Iran’s failure to meet nuclear deal obligations, reinstating sanctions that include asset freezes and an arms embargo, affecting Iran’s economy.
- On September 28, Britain, France and Germany triggered the snapback mechanism, reimposing UN sanctions on Iran late Saturday as the rial plunged to a record low 1.12 million.
- The International Atomic Energy Agency noted restricted inspector access, and Iran has not authorized IAEA inspectors or accounted for its high-enriched uranium stockpile, prompting the E3 to trigger a 30-day countdown for sanctions.
- The sanctions package includes a renewed arms embargo and bans on enrichment, reinstating conventional arms embargo, uranium restrictions, and targeted asset freezes and travel bans under UN Security Council resolutions.
- Household budgets face sharp strain as food and imported goods spike in cost; one kilogram of meat costs 10 million rials, and medicine is harder to afford for Iranian civilians.
- Russia and China failed to block the snapback at the UN Security Council on September 26 but may not fully enforce it, while the E3 plans to combine pressure with renewed dialogue offers.
15 Articles
15 Articles
Iran: What’s next as UN sanctions snap back?
Iran is once again on its weapons trade, oil exports, international banking, and much more under the snapback mechanism of . The accord, concluded between on one side and the US, , , , and , as well as on the other, provided Tehran economic relief in exchange for curbing Iran’s nuclear program. While the US unilaterally pulled out of the deal and reimposed restrictions under in 2018, others participants worked to salvage it and keep the sanction…
What We Know About Iran’s Uranium Stockpile as UN Sanctions Snap Back
The United Nations nuclear watchdog has been unable to verify the size and location of Iran’s stockpile of highly enriched uranium since June. At last count, the country had enough near-weapons-grade material that, if further processed, could power 10 nuclear bombs.
Iran Defiant as UN Sanctions Snap Back Into Force
Iran has slammed what it called "failed diplomacy" after a last-minute diplomatic push failed to stop the United Nations from officially reimposing sanctions on Tehran over its nuclear program. Britain, France, and Germany -- the European 3 (E3) forces leading the move -- announced that the so-called snapback sanctions had been reimposed on Iran as of September 28. Iran is already reeling under the weight of sanctions from the United States, and…
UN Imposes ‘Snapback’ Sanctions on Iran
Masoud Pezeshkian | Wikimedia Commons In one of the scariest moments in modern history, we're doing our best at ScheerPost to pierce the fog of lies that conceal it but we need some help to pay our writers and staff. Please consider a tax-deductible donation. By Dave DeCamp / Antiwar.com On Saturday, UN Security Council sanctions were reimposed on Iran under the so-called “snapback” mechanism of the 2015 nuclear deal, known as the JCPOA, a step …
Why UN sanctions on Iran have snapped back and what they mean
WASHINGTON, Sept 29 — A raft of UN sanctions on Iran over its nuclear program, lifted under a landmark 2015 deal, went back into force late Saturday.The sanctions were reimposed because the “E3” European group—Britain, France and Germany—triggered a mechanism in the deal alleging Tehran was not meeting its obligations.Here are some key facts about the so-called “snapback” process:What do the sanctions target? The sanctions target companies, orga…
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