In the early hours of Sunday, a set of UN sanctions was reimposed on Iran over its nuclear program, which had previously subjected Tehran to similar measures under the 2015 agreement.
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This step came after Britain, France, and Germany (the European Troika) activated the so-called “snapback” mechanism, citing Iran’s failure to honor its commitments, at a time when any last-minute diplomatic breakthrough seems unlikely.
What are the sanctions?
The sanctions target companies, organizations, and individuals who directly or indirectly contribute to Iran’s nuclear or ballistic missile programs, whether through providing equipment, expertise, or financing. The measures include:
A ban on the sale or transfer of conventional weapons to Iran.
Prohibition of imports, exports, or transfer of components or technology linked to nuclear and ballistic programs.
Freezing the assets of entities and individuals connected to these programs abroad.
Travel bans on persons involved in prohibited nuclear activities to UN member states.
Restrictions on access to banking and financial facilities that could support these programs.
Alongside the UN sanctions, the European Union may also reimpose separate sanctions aimed at undermining Iran’s economy to pressure Tehran into compliance, not only to halt its nuclear activities. Shipping companies are expected to be among the most affected by these measures.
This comes amid Western concerns over the possibility of Iran acquiring nuclear weapons—an accusation Tehran strongly denies, insisting on its right to develop a nuclear program for civilian purposes.