Washington (ANTARA) - The United States Treasury Department, on\nTuesday, issued a broad warning to all global financial institutions\nthat it is prepared to impose secondary sanctions on entities deemed to\nsupport Iranian activities, amid the impasse in direct negotiations\nbetween the two countries.<\/p>\n
The department stated it would \u201cmove aggressively with maximum\neconomic pressure\u201d to maintain the policy of pressure on Iran.<\/p>\n
\u201cFinancial institutions must be aware that the US Treasury Department\nwill utilise all available instruments and authorities and is prepared\nto impose secondary sanctions on foreign financial institutions that\ncontinue to support Iranian activities,\u201d the statement read, posted via\nthe X platform.<\/p>\n
The department also affirmed that short-term permits for the sale of\nIranian oil held at sea will expire in the coming days and will not be\nextended.<\/p>\n
That policy refers to the 30-day temporary exemption issued on 20\nMarch, which allowed the sale of Iranian oil already at sea, with an\nestimated volume of around 140 million barrels.<\/p>\n
The war, along with Iran\u2019s response of closing the Strait of Hormuz\nand targeting energy infrastructure in the US\u2019s Gulf Arab allies, has\ntriggered a sharp surge in energy prices, particularly oil.<\/p>\n
The exemption is scheduled to end on 19 April.<\/p>\n
Intensive direct negotiations between the United States and Iran,\nwhich lasted a marathon, ended last weekend without an agreement to\npermanently end the conflict.<\/p>\n
Earlier on Tuesday, US President Donald Trump stated that talks are\nexpected to resume in Pakistan in the next two days, although no\nofficial announcement has been made.<\/p>\n
Source: Anadolu<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/us-threatens-secondary-sanctions-on-supporters-of-iran-1776225048", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }