Trump Threatens Sanctions Over Iranian Oil Amid Postponed Nuclear Talks
In a recent escalation of tensions, Trump has threatened to impose sanctions on any country that purchases oil from Iran following the postponement of US-Iran nuclear talks. He stated that nations engaging in such transactions would be barred from doing business with the U.S. Iran has responded by accusing the U.S. of undermining the seriousness of the negotiations through these threats. The situation has led to a rise in oil prices, with markets reacting to the possibility of increased sanctions targeting Iranian oil and associated trade. Additionally, the U.S. administration seeks to cut Iran’s oil sales while pursuing further sanctions aimed at its ballistic missile program. As discussions between the two nations stall, Trump maintains a tough stance, warning that countries engaging with Iran will face consequences.
ABC News, CNBC, Bloomberg.com, Axios, The Times of Israel, Financial Times, Reuters, The Jerusalem Post, The Hill, U.S. Department of State (.gov)