Iran news: US sanctions will hit Tehran today

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Washington’s so-called “snapback” sanctions are due to be reinstated against Tehran on Monday morning after businesses were given 90 days to wind down their activities. Mr Pompeo, speaking after returning from an Asian trip, said the White House would detail implementation of the measures this morning. He said: “It’s an important part of our efforts to push back against Iranian malign activity. “The United States is going to enforce these sanctions.”

Despite opposition from European allies, Donald Trump in May pulled the US out of a 2015 deal between world powers and Tehran under, which international sanctions were lifted in return for curbs on Iran’s nuclear programme. The Republican firebrand leader had denounced the deal reached under his White House predecessor, Barack Obama, as one-sided in Iran’s favour. Branding the Iranian government “bad actors”, Mr Pompeo warned Tehran it would “require enormous change” on Iran’s part for the US to review its approach. Starting this week, Washington will re-impose sanctions on the Middle East nation’s purchases of US dollars, its trade in gold and precious metals, and its dealings with metals, coal and industrial-related software.

Free Iran rally - in pictures Mon, July 2, 2018 Rudy Giuliani and Maryam Rajaviand delivered speeches at the Free Iran: The Alternative rally in Villepinte, near Paris on June 30, 2018. Play slideshow REUTERS 1 of 12 Rudy Giuliani delivers his speech at the National Council of Resistance of Iran (NCRI) meeting

The United States is going to enforce these sanctions US Secretary of State Mike Pompeo

The US has warned other countries they must halt imports of Iranian oil starting in early November or face American financial measures. Iranian President Hassan Rouhani said last week that Mr Trump’s repudiation of the deal was illegal and Iran would not yield to Washington’s renewed campaign to strangle its vital oil exports. Iran will ease foreign exchange rules in a bid to halt a collapse of the rial currency, which has lost half its value since April due to fears about the return of U.S. sanctions, according to state media reports on Sunday. Referring to recent sporadic protests in Iranian cities, Mr Pompeo said: “The Iranian people are not happy - not with the Americans but with their own leadership.