Donald Trump reinstated his “maximum pressure” campaign on Iran, signing a memorandum that reimposes economic sanctions aimed at reducing Tehran’s oil exports to zero. The policy mirrors measures taken during Trump’s first term, to prevent Iran from obtaining a nuclear weapon. Trump accused President Joe Biden of weak enforcement, allowing Iran to fund its nuclear program and Middle Eastern militias through oil sales. Iran’s uranium enrichment has reached 60%, near weapons-grade levels, according to the U.N. nuclear watchdog. The policy directs the U.S. Treasury and State Department to enforce strict sanctions.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Donald Trump reinstated his maximum pressure campaign on Iran,
00:06signing a memorandum that reimposes economic sanctions aimed at reducing Tehran's oil
00:12exports to zero. The policy mirrors measures taken during Trump's first term,
00:17with the goal of preventing Iran from obtaining a nuclear weapon.
00:21Trump accused President Joe Biden of weak enforcement, allowing Iran to fund its
00:26nuclear program and Middle Eastern militias through oil sales. Iran's uranium enrichment
00:32has reached 60 percent, near weapons-grade levels, according to the UN nuclear watchdog.
00:38The policy directs the U.S. Treasury and State Department to enforce strict sanctions.