Tag: oil

US imposes second round of sanctions to drive Iranian oil exports to zero

On November 5, 2018, the United States fully re-imposed the sanctions on Iran that had been lifted or waived under the JCPOA.  These are the toughest U.S. sanctions ever imposed on Iran, and will target critical sectors of Iran’s economy, such as the energy, shipping and shipbuilding, and financial sectors. The United States is engaged…