US Hits Iran With New Sanctions

US Hits Iran With New Sanctions

( – As the potential for Democrat Joe Biden to take over the White House in January looms, President Donald Trump and his administration tighten restrictions on Iran as much as possible. The latest round of sanctions focuses on foundations controlled by the country’s Supreme Leader, Ayatollah Ali Khamenei.

On November 18, the US Department of the Treasury released new sanctions against Islamic Revolution Mostazafan Foundation, commonly called Bonyad Mostazafan, and 160 other holdings within Iran. The CEO for the Foundation for Defense of Democracies, Mark Dubowitz, shared insight on the new sanctions:

The same day, Secretary of State Mike Pompeo emphasized the importance and success of the sanctions against Iran in a press statement. Pompeo shared a snippet of it here:

Come January, if Biden becomes president, it’s likely he will try to re-establish the 2015 nuclear deal rather than continue the sanctions strategy used by the Trump Administration. So, in the weeks leading up to Inauguration Day, we will likely see more sanctions against Iran, hopefully continuing to weaken the malign regime.

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