The Trump Administration announced additional sanctions on Iran on a teleconference on Nov. 2 led by Secretary of State Michael Pompeo and Secretary of the Treasury Steven Mnuchin.
The new sanctions will be directed toward energy, shipping, shipbuilding, and financial sectors, representing the “final round of snapback sanctions” as a result of the United States’ withdrawal from the Obama-era Iran nuclear deal (formally known as the Joint Comprehensive Plan of Action, or JCPOA), they said.
