US won't allow Iran to develop world's deadliest weapons: Trump
US President Donald Trump has said all sanctions against Iran lifted by the 2015 nuclear deal will be back in "full force" from November 5 and promised more in the future to prevent Iran from developing the world's deadliest weapons. In May, the Trump administration withdrew the US from the Iranian nuclear deal and reimposed a series of tough sanctions on Iran. Here's more.
US expects all countries to cut import of Iranian oil
While the first phase of sanctions is already in place, the sanctions would come into effect on November 5 and the US expects all countries, including India, to bring down their import of Iranian oil to zero by then or face secondary sanctions. To avoid this, India either needs a waiver from the US or has to cut the purchase of Iranian oil.
Trump had recently signed sanctions against Hezbollah
"On November 5th, all US sanctions against Iran lifted by the nuclear deal will be back in full force," Trump said, adding that the current situation would have been better had the sanctions on Iran stayed put for a little longer than when they were lifted. His remarks came as he signed new sanctions on Thursday targeting the Iranian-funded Lebanese militant group- Hezbollah.
More sanctions to come to address Iran's 'malign conduct': Trump
Trump said these sanctions will be followed up with even more sanctions to address the full range of Iran's "malign conduct". "We will not allow the world's leading sponsor of terror to develop the world's deadliest weapons. Will not happen," he said.
India not likely to cut import of Iranian oil completely
The US has made it clear that any country that continues to do business with Iran after November 4 will be blocked from accessing the American banking and financial system. Though India has already reduced its import, it has indicated that it's unlikely to go down to zero given its massive energy needs. India and the US are currently in talks on this issue.
