Sanctions

On July 31, President Obama issued the following statement on new sanctions on Iranian oil and foreign financial institutions that facilitate transactions for Iranian banks. Today, the United States is announcing two significant steps that strengthen our efforts to pressure and isolate the Iranian…
Helia IghaniThroughout July, a broad range of top political leaders, lawmakers and even military generals have publicly conceded that Iran faces growing economic hardships—with increasingly dangerous consequences. They have blamed both tightening international sanctions and years of government…
On July 12, the United States announced broad new sanctions on Iranian front companies and banks linked to the proliferation of nuclear and missiles programs. The following is a statement from the U.S. Treasury Department, with a link to the full list of targeted entities at the bottom.…
On July 1, the White House press secretary issued the following statement on the European Union’s new sanctions on Iranian oil, as they went into effect.   Statement by the Press Secretary on European Union Actions on Iranian Oil   The United States welcomes the European Union’s prohibition of…
On June 28, three senior Obama administration officials gave a briefing on the growing impact of international sanctions on Iran and the new U.S. sanctions on countries that import oil from the Islamic Republic. The following are key excerpts, with factual assessments in bold: Senior…
On June 11, Secretary of State Hillary Clinton issued the following statement on Significant Reductions of Iranian Crude Oil Purchases: Today I have made the determination that seven economies—India, Malaysia, Republic of Korea, South Africa, Sri Lanka, Turkey and Taiwan--have all significantly…
     On May 1, the White House issued a new Executive Order targeting foreign sanctions evaders. The following is a fact sheet on the Executive Order. Full links to the Executive Order and the letter to Congress are provided below. FACT SHEET: New executive order targeting foreign sanctions…
Annika Folkeson Trade is still thriving between the United States and Iran, despite harsh international sanctions. In 2011, Iran imported $229 million worth of American goods, everything from beauty products to bull semen, according to U.S. Census Bureau statistics.   And sales have continued…
      On March 30, President Obama issued the following memorandum for the Secretary of State, the Secretary of the Treasury, the Secretary of Energy.   By the authority vested in me as President by the Constitution and the laws of the United States, after carefully considering the report…
On March 20, Secretary of State Hillary Clinton issued the following statement on Significant Reductions of Iranian Crude Oil Purchases:  I am pleased to announce that an initial group of eleven countries has significantly reduced their volume of crude oil purchases from Iran -- Belgium, the…