US announces sanctions on Iran's metal sectors

0 Comment(s)Print E-mail Xinhua, May 9, 2019
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The White House announced on Wednesday that the United States is imposing sanctions with respect to the iron, steel, aluminum, and copper sectors of Iran.

"Today, I am signing an executive order to impose sanctions with respect to Iran's iron, steel, aluminum, and copper sectors, the regime's largest non-petroleum-related sources of export revenue," U.S. President Donald Trump said in a statement.

The sanction constituted the latest move of U.S. "maximum pressure" strategy against Iran, which came on the one-year mark of the Trump administration's decision of exiting the Iran nuclear deal in May last year.

Following the exit from the Iran nuclear deal, the Trump administration has kept piling up pressure on Iran through a series of sanctions and designations, which have been strongly opposed and criticized by Tehran. 

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