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First wave of US sanctions hits Iran
Aug. 7, 2018

First wave of US sanctions hits Iran

The Trump administration slammed a series of sanctions on Iran yesterday, in the light of US pulling out of the 2015 Iran nuclear deal. Tough economic sanctions were re-imposed on the Hassan Rouhani-led Islamic regime. The sanctions, which take effect today, forbid usage of USD by Iran in any kind of transactions. Iran will no longer have access to buy US and European aircraft.

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