The Impact of Harder-Hitting Sanctions on Iran

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The U.S. moved this week to apply even more pressure on Iran to end its involvement in illicit activities around the world by announcing that the U.S. State Department will no longer grant sanctions waivers to countries that import Iranian oil.   

Secretary of State Mike Pompeo made the announcement on Monday, saying that any country that does business with the U.S. will have to find alternative oil sources, or face U.S. sanctions for which they previously enjoyed waivers.

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