EOS Alerts 7-8-2018
United States/Iran: US Sanctions Launched Against Iran
On 7 August, US President Trump tweeted “The Iran sanctions have officially been cast. These are the most biting sanctions ever imposed, and in November they ratchet up to yet another level. Anyone doing business with Iran will NOT be doing business with the United States. I am asking for WORLD PEACE, nothing less!” Iranian President Rouhani has described the sanctions as ‘psychological warfare’. The European Union (EU) has urged companies to continue and even bolster trade with Tehran, despite American threats of sanctions against them for doing business.
The impact of the return of sanctions has greatly increased tensions throughout Iran, which has seen days of protests and strikes in multiple towns and cities over water shortages, high prices and wider anger at the political system. Avoid all large gatherings of people on an ongoing basis and consider the impact of the coming sanctions.