The United States restarted sanctions against Iran and said "don't care"
The U.S. government announced on the 2nd that it will restart sanctions on Iran’s energy and banking sectors on the 5th of this month. This is the second round of sanctions against Iraq that was restarted after the United States announced its withdrawal from the Iranian nuclear issue in May this year. By then, the United States will fully resume the sanctions against Iran due to the Iranian nuclear agreement.
Analysts pointed out that the United States' insistence on promoting the "extreme pressure on China" policy will inevitably lead to further deterioration of US-Iranian relations, and at the same time bring more uncertainty to the Iranian nuclear issue and the prospects of the Middle East.
This round of sanctions is back in the US plan <br> US Secretary of State Pompeo said on the 2nd that the sanctions on the 5th will be aimed at Iran's energy, shipbuilding, shipping and banking industries. U.S. Treasury Secretary Mnuchin said that the Ministry of Finance will launch sanctions on more than 700 Iranian individuals and entities on the 5th, including hundreds of people who have been lifted sanctions due to the Iranian nuclear deal and more than 300 new sanctions.
According to US officials, the US government is determined to use the "maximum pressure" to crack down on the Iranian economy, forcing Iran to abandon its nuclear program and other "illegal activities."
This round of sanctions has long been planned in the United States. In August, the United States restarted a series of non-energy sanctions on Iran's finance, metals, minerals, and automobiles, and said it would restart the remaining sanctions in November.
On the 2nd, Pompeo stressed at the press conference that the primary purpose of the US sanctions this time is to substantially reduce Iran’s crude oil export earnings, thereby limiting Iran’s nuclear power capacity and constraining Iran’s behavior and influence in the Middle East.
The US State Department Special Representative for Iran, Brian Hook, said that another goal of the sanctions is to force Iran to return to the negotiating table. The United States is ready to discuss a new agreement to replace the Iranian nuclear agreement.
Analysts pointed out that the US government intends to contain and weaken Iran in an attempt to force Iran to make concessions through "extreme pressure."
"Iran will not be intimidated"
The Iranian Foreign Ministry issued a statement on the 2nd, saying that it does not care that the United States is about to restart sanctions against Iran’s oil exports and banking system. The statement said that the US sanctions are to launch a "psychological war" against Iran, "Iran will not be intimidated."
Analysts believe that oil exports are the lifeblood of Iran's economy. The US sanctions directly refer to oil exports, which will inevitably affect Iran's economic development. However, due to the certain pressure resistance of the Iranian economy, it is difficult for the United States to exert pressure to achieve the goal of Iran’s submission.
Iranian President Rohani has previously stated that Iran can choose to withdraw from the Iranian nuclear agreement at any time based on national interests and security needs. Under the "extreme pressure" of the United States, whether Iran will withdraw from the Iranian nuclear agreement has received much attention. If Iran adopts tough measures such as withdrawing from the Iranian nuclear agreement to confront the United States, the situation in the Middle East will inevitably be affected.
Ou Hanlong, a senior researcher at the Brookings Institution's foreign policy, believes that Iran's next move is hard to predict.
Analysts pointed out that Iran has the means to counter the United States and its allies in the Middle East. In recent years, by participating in the fight against the extremist organization "Islamic State" in Iraq, supporting the Syrian government in the Syrian conflict, and supporting the Houthi armed forces in the Yemeni conflict, Iran's influence in the Middle East has increased significantly.
Related <br> United States will exempt eight Iranian crude oil importer <br> Bloomberg 2 reported that the US decision to grant eight Iranian crude oil importer sanctions exemptions, including South Korea, Japan and India.
Iran’s Deputy Minister of Petroleum Ali Calder said later that the US exemption decision reflected the market’s demand for Iranian crude oil.
Bloomberg reported that a US official who did not want to be named said that after the US restarted sanctions on the Iranian energy sector, the eight countries that were exempted could continue to import Iranian crude oil. It is unclear whether the US will impose restrictions on the quantity of Iranian crude oil imported from these eight countries.
The US State Department said on October 30 that the US is considering granting sanctions exemptions to individual Iranian crude oil importing countries, provided that those countries significantly reduce the amount of crude oil imported from Iran.
The White House and the State Department did not respond to Bloomberg reports on the 2nd.
Iran’s oil reserves rank fourth in the world, and it is the third largest oil producer in the Organization of Petroleum Exporting Countries, the “OPEC†member, after Saudi Arabia and Iraq.
Reuters reported on the 2nd that Iran's daily average crude oil exports fell from 2.5 million barrels in April to 1.5 million barrels in recent weeks.
The market is worried that major oil-producing countries such as Saudi Arabia cannot fill the oil supply gap caused by Iran's ban. Global crude oil prices have risen in recent months and climbed to US$86.29 per barrel on October 3, since October 30, 2014. new highs.
The increase in OPEC crude oil production eased market worries, and crude oil prices have gradually declined in recent weeks.
On November 1, London Brent crude oil futures for January 2019 closed at $72.97 a barrel, down about 12% from the beginning of October.
Reuters reported that the market is expecting Iran to be able to export a large amount of crude oil after the US restarts sanctions.
After Bloomberg reported that the US exempted the decision, Iranian state television broadcast a speech by Deputy Petroleum Minister Carl Del, saying that Iranian crude oil is indispensable to the market.
Calder said: "The exemptions for these eight countries reflect the market demand for Iranian crude oil. It (Iran crude oil) cannot withdraw from the market." He also said that it is not clear whether it is permanent or temporary.
Market analyst Clayton Allen concluded that the exemption is a temporary measure, and the US hopes to “use the exemption to slowly advance (sanction) implementation†and the exemption will not “apply indefinitelyâ€.
South Korea and Japan did not respond to Bloomberg reports.
Indian Oil Company Chairman Sanjivi Singh said on the 2nd that he is not sure whether the Indian side is exempted. "But we no doubt want to get permission to continue (do business with Iran)."
According to him, reducing the amount of crude oil imported from Iran to zero is a "difficult requirement" for both India and global crude oil trade.
The United States’ practice is widely opposed by the international community. <br> The unilateral withdrawal of the Iranian nuclear agreement and the resumption of sanctions against the Iraqi side have been widely opposed by the international community. It remains to be seen how long the sanctions will last and how long it will last.
The EU, France, Germany and the United Kingdom issued a joint statement on the 2nd, deeply regretting the US restart of sanctions against Iran's oil and banking industry, and pledged to continue to implement the Iranian nuclear agreement and expect Iran to continue to play a constructive role in this regard.
The statement said that after the US restarts sanctions against Iraq, the EU and the three countries will work to protect the interests of European companies that trade with Iran on the basis of European laws and relevant UN resolutions. The EU and the three countries are preparing to set up a "special purpose agency" to bypass US sanctions and continue legal trade activities with Iran.
Russian Deputy Foreign Minister Ryabkov said that no matter what excuse the United States uses to impose unilateral sanctions on other countries, Russia holds a negative position. US sanctions against Iran show that Washington will not stop suppressing "dissidents" in its eyes.
Sa Ren, a senior researcher at the Institute of Oriental Studies at the Russian Academy of Sciences, told reporters that the United States has indicated in May this year that it will resume sanctions against Iraq. Therefore, the countries concerned have already prepared for this. The current international situation has not fluctuated significantly because the United States began to impose sanctions on Iran. The signatories of the Iranian nuclear agreement other than the United States are opposed to the US to undermine the agreement. Although some large international companies may withdraw from Iran due to US sanctions against Iraq, countries are still expected to maintain commercial contacts with Iran through a large number of small and medium-sized enterprises.
Saren pointed out that according to the "oil-for-goods" agreement reached between Russia and Iran, Russia can try to transport the oil purchased from Iran to Russia and resell it to other countries, and at the same time deliver Russian goods as oil purchases to Iraq.
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