Summary
The United States has imposed new sanctions against Iran, focusing on ships involved in selling Iranian oil, which the US claims funds Iran's missile program. The sanctions come after President Trump’s threats against Iran and aim to increase pressure on Iran’s economy and military capabilities. The two countries are also set for diplomatic talks in Geneva.
Key Facts
- The US has introduced new sanctions targeting ships selling Iranian oil.
- The sanctions aim to curb Iran's missile program and military capabilities.
- These penalties follow President Trump’s threats in his State of the Union address.
- The US Treasury accuses Iran of using oil sales to fund weapon programs and terrorism.
- Sanctions target 12 vessels and various companies and individuals involved in oil sales.
- Assets of targeted firms and individuals will be frozen in the US.
- It is mostly illegal for Americans to do business with those affected by the sanctions.
- The new sanctions follow the US leaving the JCPOA agreement in 2018.
- US and Iranian representatives will meet for talks in Geneva.
