The United States has reinstated sanctions on Iranian oil sales after revoking a temporary waiver that had allowed the export of the country’s crude oil and petroleum products.
The sanctions were reimposed following a new round of US strikes, effectively reversing the temporary relief granted after Washington and Tehran signed a memorandum of understanding (MoU) aimed at ending hostilities last month.
The waiver, issued by the US Treasury, had suspended decades-old sanctions and permitted the sale of Iranian crude oil, petrochemical and petroleum products until August 21.
However, documents published by the US Treasury on Tuesday, July 7, confirmed that the sanctions have now been restored, ending the temporary authorisation.
The decision has drawn a swift response from Tehran, with Iran accusing Washington of violating the terms of the agreement.
In a statement issued on Wednesday, July 8, Iran’s chief negotiator, Mohammad Ghalibaf, said the United States had committed “major violations” of the memorandum of understanding by reinstating the oil sanctions.
Iran’s Foreign Ministry also condemned the move, describing it as evidence that the agreement had become “ineffective.”
