Pompeo says Iran sanctions will be enforced

Geneva Stokes
August 6, 2018

Trump has ordered USA sanctions on Tehran, while a senior State Department official said Washington has told allies to cut imports of Iranian oil by November.

The U.S. State Department said on its Persian-language Twitter account: "While it is ultimately up to the #people_of_Iran to determine their country's path, #America supports the voice of the Iranian people, which has been ignored for a long time". Economic woes are sparking sporadic, leaderless protests across the country.

US Secretary of State Mike Pompeo vowed yesterday that the United States would "enforce the sanctions" it is reimposing against Iran after President Donald Trump pulled out of the 2015 nuclear pact.

In Shiraz, the capital of Fars Province, the state news agency Irna reported clashes between protesters and members of the security forces. The deal had a list value of $536 million, though buyers and manufacturers typically negotiate lower prices. The U.S. also has banned imports of Iranian products such as carpets and pistachios and revoked licenses that allowed Iran to purchase U.S. and European aircraft. The Toulouse, France-based firm did not immediately respond to a request for comment.

Trump has stated he wants a new deal with Iran that goes beyond curbing its nuclear programme, and ends what America calls its "malign influence" in the region, including its support to Syrian President Bashar al-Assad and threats to shut down the strategic Strait of Hormuz, a vital shipping lane for worldwide oil supplies.

U.S. President Donald Trump pulled out of the 2015 deal in May.

Sanctions on trade in Iranian metals and automobiles go back into effect Monday.

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"Iran, and its economy, is going very bad, and fast!" he said in the same missive. The Iranian rial has fallen to 99,000 to the USA dollar despite a government-imposed rate of 44,000.

The agency reported all protests had taken place without official permission and were subsequently broken up by police.

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Iran's oil exports could fall by as much as two-thirds by the end of the year because of the US sanctions, putting oil markets under strain amid supply outages elsewhere in the world. Iranian oil sales are a crucial source of hard currency.

"The problem is: What next?" one of the European diplomats said, referring to concerns that the U.S.is eyeing regime change as the sanctions' end goal. Among the top importers of Iranian oil are China, India, Turkey and South Korea.

Or the regime could start to address what America calls its "malign influence" in the region, including its support to Syrian President Bashar al-Assad and threats to shut down the strategic Strait of Hormuz, a vital shipping lane for worldwide oil supplies.

For instance, U.S. officials in recent years have accused both the regular Iranian navy and the Iranian Revolutionary Guards Corps of routinely harassing American warships in the Gulf.

In this July 30, 2018, photo, an Iranian street money exchanger holds a US banknote in downtown Tehran, Iran.

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