Biden extends sanctions against Iran for a year

The actions and policies of the Iranian authorities continue to pose a special threat to national security, international politics and the US economy, the American leader noted.

The US President Joe Biden extended the 1995 sanctions against Iran for another year. This was reported on Friday by the press service of the State Department.

Biden has sent a notice to Congress that he is extending the “state of emergency” for Iran, declared during the Bill Clinton administration, for another year.

“The actions and policies of the Iranian authorities continue to pose a special threat to national security, international politics and the US economy”, – the head of state said in a letter to the leadership of the Congress.

On March 15, 1995, the US President Bill Clinton blocked a deal between the American company Conoco and the Iranian National Oil Company to explore two oil fields off the coast of Iran (the first major deal since 1979), and on May 8, 1995, a presidential decree was issued prohibiting US firms from developing Iranian oil and gas fields and purchase Iranian oil for sale to third countries. These measures were due to information according to which Iran allegedly continued to provide assistance to terrorism.

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