Sanctions against Iran
INTERNATIONAL – ASIA
23 SEPTEMBER 2025
- International sanctions were imposed on Iran in December 2006 pursuant to United Nations Security Council Resolution 1737 after Iran refused to comply with United Nations Security Council Resolution 1696, which demanded that Iran halt its uranium enrichment program.
- P5+1 and Iran finalised an agreement called Joint Comprehensive Plan of Action (JCPOA), on 18 October 2015.
- This lifted most of the sanctions in exchange for limits on Iran’s nuclear programs
- On 8 May 2018, U.S. President Donald Trump announced that the United States would withdraw from the Iran nuclear deal.
- Sanctions by the United States were reinstated in November 2018, and expanded in 2019 and 2020 to cover Iran’s financial sector.
- Since October 2024, Iran has once again been placed on the official blacklist of the Financial Action Task Force (FATF), primarily due to its failure to implement laws against terrorist financing, particularly in connection with its support for the Axis of Resistance.
