The United Nations has reimposed a wide range of sanctions on Iran. The move follows accusations by European powers that Tehran has violated the 2015 nuclear deal. The reimposed sanctions have been met with defiance from Iran. It recalled its ambassadors to Britain, France, and Germany. The nation’s currency has also fallen to a record low.
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European powers trigger snapback
Britain, France, and Germany initiated the return of the UN sanctions. This process is known as the “snapback” mechanism. It was included in the 2015 nuclear deal, called the Joint Comprehensive Plan of Action (JCPOA). The European nations said they had “no choice” but to trigger the snapback. They cited Iran’s “continued nuclear escalation” and failure to cooperate with inspectors.
The reinstated measures include an arms embargo. They also ban activities related to ballistic missiles and uranium enrichment. Asset freezes and travel bans on Iranian officials are also part of the sanctions. The European Union confirmed it would implement the reimposed sanctions without delay.
Iran has condemned the move as “illegal” and “unjust”. It argues the European nations abused the process. Tehran points to the 2018 US withdrawal from the JCPOA. Russia and China have also disputed the legality of the snapback. They argue that terminated sanctions cannot be revived.
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Economic and social impact
The return of UN sanctions has worsened Iran’s economic crisis. The Iranian rial has hit a new record low against the US dollar, threatening to drive up the price of food and other essential goods. Many Iranians fear more economic hardship and are concerned about a potential new military conflict.
Recent US and Israeli strikes on Iranian nuclear sites in June have heightened tensions. While diplomacy continues, the situation remains tense. The international community is watching Iran’s next steps closely. Tehran has warned of a “firm and appropriate response”.
Image: Vahid Salemi/AP
