Iran sanctions will 'soon be increased substantially', warns Trump

Iran has long been secretly 'enriching,' in total violation of the terrible $150 billion deal made by John Kerry and the Obama Administration, Trump said

Donald Trump
AFP | PTI Washington
1 min read Last Updated : Jul 10 2019 | 10:22 PM IST

President Donald Trump warned Wednesday that sanctions against Iran would soon be "increased substantially" after Tehran said it had exceeded a limit on enriched uranium reserves under a 2015 nuclear deal abandoned by Washington.

"Iran has long been secretly 'enriching,' in total violation of the terrible 150 Billion Dollar deal made by John Kerry and the Obama Administration," Trump said on Twitter.

"Remember, that deal was to expire in a short number of years. Sanctions will soon be increased, substantially!" Iran announced on Monday it had surpassed 4.5 per cent uranium enrichment -- above the 3.67 per cent limit under the accord -- though still far below the 90 per cent necessary for military purposes.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Donald TrumpIran sanctionsUS Sanction on Iran

First Published: Jul 10 2019 | 8:10 PM IST

Next Story