US Imposes New Sanctions on Iran

In April 2024 the United States announced a new round of sanctions targeting Iran’s nuclear and ballistic‑missile programs. The measures prohibit U.S. persons and companies from dealing with designated Iranian entities, freeze assets under U.S. jurisdiction, and restrict the export of dual‑use technologies and certain oil‑related services. The sanctions also expand the “Specially Designated Nationals” list to include additional Iranian firms, banks and individuals linked to the Revolutionary Guard and the Ministry of Defense, aiming to pressure Tehran to return to the Joint Comprehensive Plan of Action (JCPOA) and curb its weapons development. Violations can result in civil penalties and... Views Nigeria