The United States is about to bring back the 'maximum pressure' strategy on Iran. US President Donald Trump is taking this step to bring Iran's oil exports to zero and prevent Tehran from achieving nuclear weapons, a US official said. British news agency Reuters reported.
Through this move, Trump is bringing a strict policy on Iran, followed by his first term. Trump has alleged that former Democrat President Joe Biden has weakened the United States's conviction towards Iran.
Trump said in his election campaign that the policy of not strictly implementing Biden's oil export ban has weakened Washington and gave Tehran courage. Which has enabled Iran to sell oil, save cash and to influence nuclear programs and influences through armed militia.
Iran's crude oil exports in 2021 have reached the highest level in a few years. The country has found ways to avoid restrictions for revenue collection.
Trump is getting ready to meet with Israeli Prime Minister Benjamin Netanyahu while returning this strict policy. Trump will sign a Presidency Memorandum. The US Treasury Secretary will be instructed to apply 'highest economic pressure' on Iran. These include the ban and application process against the existing sanctions violations.
As part of the maximum pressure effort, the Trump administration will implement an operation to bring Iran's oil exports to zero. According to the US Energy Information Administration estimate, Tehran's oil exports have earned $ 1 billion in 2021 and $ 1 billion in the previous year. According to OPEC data, production has reached the highest level after 2021.
Iran's mission in New York has not commented on the issue. Trump's planning news on Tuesday reacted mixed with oil prices.
The US ambassador to the United Nations will work with the chief allies to reinstate international sanctions and restrictions on Iran. The goal of Trump's first term maximum pressure was to keep Iran's economy under strict sanctions and to force the country to make a deal, which would disrupt its nuclear and ballistic weapons program.
The Biden administration has not virtually relaxed the sanctions imposed by Trump. However, there is a debate over how strictly applied to the sanctions. Britain, France and Germany told the UN Security Council last December that they were ready to reinstate all international sanctions on Iran if needed. So that the country cannot acquire nuclear weapons.