US extended the sanctions regime against Iran for a year

File Reuters

UNITED STATES (VOP TODAY NEWS) — US President Donald Trump extended the sanctions regime against Iran for a year, which was introduced in 1995 under the administration of Bill Clinton, stated in a press release from the White House, published on Tuesday.

Trump sent a notice to Congress that extends for another year the “state of emergency” in relations with Iran, announced on May 15, 1995. This notice will be published in the so-called federal registry – a collection of official documents of the US government.

“The actions and policies of the Iranian authorities, support for terrorist groups, the malicious activities of the Islamic Revolutionary Guard Corps continue to pose a threat to national security, international politics and the US economy,” the document says.

On March 15, 1995, US President Bill Clinton blocked the American company Conoco’s deal with the Iranian National Oil Company to explore two oil fields off the coast of Iran (the first major deal since 1979), and on May 8, 1995, a presidential decree was issued prohibiting US firms from developing Iranian oil and gas fields and purchase Iranian oil for sale to third countries.

These measures were due to information according to which Iran allegedly continued to provide assistance to terrorism.

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