Iran General NewsU.S. continues bilateral sanctions on Iran

U.S. continues bilateral sanctions on Iran

-

Reuters: President George W. Bush issued an executive order on Monday that continued U.S. oil and other economic sanctions against Iran in effect since 1995, saying Tehran’s policies posed a threat. WASHINGTON (Reuters) – President George W. Bush issued an executive order on Monday that continued U.S. oil and other economic sanctions against Iran in effect since 1995, saying Tehran’s policies posed a threat.

Bush, in a notice to Congress about his executive order, said “the crisis” between the United States and Iran that led to the initial declaration on March 15, 1995, “has not been resolved.”

The United States is pushing for the U.N. Security Council to take a tough approach toward Iran to rein in its nuclear ambitions.

The Bush administration suspects Iran of using its nuclear program to develop a bomb, but Iran denies that accusation and says its program is for civilian purposes.

In his message to Congress on the continuation of bilateral sanctions, Bush said, “The actions and policies of the government of Iran are contrary to the interests of the United States in the region and pose a continuing unusual and extraordinary threat to the national security, foreign policy, and economy of the United States.”

Frederick Jones, spokesman for the White House national security council, said the actions and policies of Iran that led to the continuation of sanctions included its “support on terrorism, meddling in the region, its abysmal human rights record and its pursuit of nuclear weapons.”

A Treasury Department spokeswoman said, “The economic sanctions against Iran prohibit most imports and exports between the U.S. and Iran, including dealings in Iranian crude oil.”

Latest news

The Strange Business of Real Estate Agents and Grave Sales in Iran

The state-run Hamshahri newspaper reported on the buying and selling of graves in Iran. The report says that 460 million...

Iran’s Regime Claims Reaching Agreement with Oman, but Strait of Hormuz Will Not Be Reopened

While the Iranian regime seeks to portray its control over the Strait of Hormuz as a sign of power...

Iranian Regime Arms Shipment for Houthis Seized in the Red Sea

Forces of Yemen's internationally recognized government seized an arms shipment sent by the Iranian regime to the Houthi militants...

Iranian Regime Reports Attacks on U.S. Bases in Response to Larak Strike

Following the U.S. attack on IRGC positions on Larak Island, which killed and wounded several IRGC personnel and local...

U.S. Attacks IRGC Positions on Larak Island

Reports indicate that U.S. forces attacked two launch platforms belonging to Iran's Islamic Revolutionary Guard Corps (IRGC) on Larak...

Behind The $6 Billion Preferential Currency Allocation Scandal In Iran’s Auto Assembly Industry

News about the allocation of a large share of the automotive industry's government-supplied foreign currency to assembly companies has...

Must read

Iran likely heading for UN Security Council after speech

Iran Focus: London, UK, Sep. 18 - Iran's hard-line...

Obama says he hopes diplomacy can prevent a nuclear Iran, but all options are on the table

AP: President Barack Obama says he hopes military action...

You might also likeRELATED
Recommended to you