including sanctions to the Iranian oil sector, a mainstay of the country’s economy – are going to take hold in November.
including potential penalties against businesses that enforce the American sanctions without permission of one’s European Commission – officials in Europe still fear the fact that the U.S. dominance of the world financial system will block most business with Iran. Which would ultimately destroy the nuclear accord, termed as a Joint Comprehensive Action plan.
Tehran itself has warned the Europeans which they should develop new means of trading with Iran by early November should they want to preserve that nuclear deal.
U.S. President Mr . trump speaks on the telephone in the Oval Office | Win McNamee/Getty Images
U.S. officials and diplomats have warned all companies and countries all over the world to stop appointing Iran. And the White House reacted furiously to the EU’s announcement a few weeks ago?of an 18 million aid package to Iran for projects supporting sustainable economic and social development.
EU officials on Friday confirmed the diet plan to create the so-called special purpose vehicle, which were first reported by Spiegel, the German news site.