US sanctions will increase Iran's financial hardships
According to the Trump Administration announcement, the US ban against Iran has come into effect on 12.12pm on Monday. Under most sanctions, most trade relations with Iran will be considered illegal. In addition to trade in all kinds of dollars and precious minerals in the dollars, it will also impose carpets or dry food from Iran under this ban. Likewise, all licenses previously issued for sale of a commercial aircraft to Iran will be canceled.
The restriction on Iran was lifted on the basis of the agreement that the United States and five other countries signed with the country on the condition of postponement of Iran's nuclear program in 2015. According to the promise of his election campaign, Trump came out of the contract solely in May this year. At that time, Trump had said that in addition to permanent closure of Iran's nuclear program, economic sanctions would be restored to prevent its support for terrorist activities.
Iran's economy has been going through a period of turmoil for a long time. This situation has become more complicated due to the fall in oil prices. Two years ago, the country had got a chance to give up a lot due to the withdrawal of the ban. Now, due to the restriction of new restrictions, the country could be in dire straits. The Iranian real price has fallen by almost 50 percent due to the fear that the ban could be imposed. The prices of essential commodities have increased. The standard of living has long been downgraded If the situation is further deteriorated, then the political crisis will be condensed, that is, Iranians are now openly speaking.
The United States conservatives, the United States Conservatives, disappointed the European Union (EU), while pleading many Arab countries against Israel and Iran. The European Union, France, Germany and the United Kingdom say they are determined to maintain trade relations with Iran. The EU said, in view of the US decision, they will launch a 'barrier section' of this organization, under which measures will be taken to protect European companies from US crusade.