US solidifies sanctions against Iran oil before election

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WASHINGTON: President Donald Trump's administration on Monday (Oct 26) slapped fresh sanctions on Iran's oil sector including over sales to Syria ...

WASHINGTON: President Donald Trump's administration on Monday slapped fresh sanctions on Iran's oil sector including over sales to Syria and Venezuela, reducing Joe Biden's room for maneuver if he wins next week's election.

Secretary of State Mike Pompeo said that the sanctions should send a warning to"the few remaining buyers of Iranian crude oil"."These designations are an important step in the maximum pressure campaign to limit the Iranian regime's ability to threaten its neighbors and destabilize the Middle East," Pompeo said in a statement.

Foreign Minister Mohammad Javad Zarif called the United States a"#SanctionAddict," tweeting,"Kick the habit."If Trump loses the Nov 3 election, Monday's sanctions could be among his last volleys against Iran's leaders. Behnam Ben Taleblu, a senior fellow at the Foundation for Defense of Democracies, which presses for a hard line against Tehran, said that any administration would face a"significant" burden in clearing Iran over the oil sales in question.

Separate from the terrorism designations, the Treasury Department imposed sanctions on a British-based Iranian businessman, Mahmoud Madanipour, and related companies for transactions with Venezuela.

 

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