US Extends Obama-era Nuclear Sanctions Relief for Iran

US Extends Obama-era Nuclear Sanctions Relief for Iran

The report's release coincides with the Department of the Treasury's announcement of new sanctions related to Iran's ballistic missile program. Some of the waivers would expire if Trump refuses to extend them this week.

Stuart Jones, the acting assistant secretary of State for Near Eastern affairs, told The Associated Press the still forming a "comprehensive Iran policy" but will continue implementing the Iran nuclear deal in the meantime.

Only last month the president certified to Congress that Iran is living up to the deal, but he also sent Secretary of State Tillerson to Tehran with sharp criticisms of its behavior and an assessment that it's unlikely the Obama deal will meet its goals.

"It's a clear message to foreign banks and companies looking to do business with Iran: You will be taking significant risks if you deal with a country still covered by a web of expanding nonnuclear sanctions", they wrote.

The Trump administration is now in the process of reviewing USA policy toward Iran. Iran is buying 20 of the ATR 72-600 planes.

But some supporters of a more aggressive approach to Iran praised the measures unveiled Wednesday, arguing that the United States needed more time to gain leverage over Iran before it addressed the shortcomings of the nuclear deal.

Since the nuclear deal was reached in July 2015, Iranian oil production has climbed from 2.8 million b/d to 3.81 million b/d in April, according to the US Energy Information Administration.

The Iranian Foreign Ministry on Thursday imposed sanctions on nine United States firms and individuals in retaliation for new sanctions on the Islamic republic over its missile programme.

United States allies, including Germany, France and Britain, have urged the Trump administration against walking away from the deal, which lifted a raft of economic sanctions against Tehran in exchange for strict curbs on its nuclear program. President Hassan Rouhani, a moderate who oversaw the clinching of the nuclear deal, faces challenges from hard-liners who have stridently criticized the deal. He is a conservative cleric backed by the Islamic Revolutionary Guard Corps and the paramilitary Basij, security forces that wield sizable political and economic clout. No incumbent president has failed to win re-election since 1981, when Ayatollah Ali Khamenei, Iran's current supreme leader, became president himself. Analysts have said that his extension of the sanctions is indicative of his tacit intention to let the deal remain.

New sanctions also have been leveled on a Chinese-based network believed to be supporting Iran's ballistic missile program via "millions of dollars' worth of missile-applicable items".

U.S. -Iran relations have become more hostile than ever as the White House takes an aggressive posture toward Tehran over test-firing a ballistic missile that could raise tensions in the already chaotic region.

"The deal won't go anywhere next week", said Suzanne Maloney, an Iran analyst at the Brookings Institution.