Iran imposes sanctions on 24 Americans as nuclear talks stall

ENB Publishers Note: What does this mean to oil? With Iran working over the last 10 years to work to ship oil circumventing U.S. sanctions, they have the potential to help Russia sell their oil outside world sanctions. 

Iran said on Saturday it had imposed sanctions on 24 more Americans, including former Army Chief of Staff George Casey and former President Donald Trump’s attorney Rudy Giuliani, as months of talks to revive a 2015 nuclear deal have stalled.

Almost all the people named were officials who served during Trump’s administration, which imposed sanctions on Iranian officials, politicians and companies and withdrew the United States from Iran’s nuclear agreement with world powers.

In a statement carried by local media, the Iranian Foreign Ministry accused the sanctioned Americans – who also included several business figures and politicians – of supporting “terrorist groups and terrorist acts” against Iran, and Israel’s “repressive acts” in the region and against Palestinians.

Eleven months of indirect talks between Iran and the United States in Vienna on salvaging the 2015 deal have stalled as both sides say political decisions are required by Tehran and Washington to settle the remaining issues.

The sanctions let Iranian authorities seize any assets held by the individuals in Iran, but the apparent absence of such assets means the move will likely be symbolic.

Gen. Austin Scott Miller, former commander of U.S. forces in Afghanistan, former U.S. Commerce Secretary Wilbur Ross, and several former ambassadors are among the officials targeted by the new Iranian sanctions.

In a similar move announced in January, Iran imposed sanctions on 51 Americans, many of them from the U.S. military, over the 2020 killing of General Qassem Soleimani in a drone strike in Iraq.

Source: Iran

About Stu Turley 3344 Articles
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.