On Thursday, The United States President Donald Trump said that on November 5th all the US sanctions that were lifted from Iran by the 2015 nuclear deal will be back in full force.
Trump said at a White House event on Thursday evening, “On November 5th, all US sanctions against Iran lifted by the nuclear deal will be back in full force, every sanction that we had on their originally, which would have if they would have just left it a little bit longer, would have been so much easier than what we have been through over the last number of years”.
During the event Trump accused Hezbollah, an Iran supported militia group that is active in Lebanon, of kidnapping and murdering American Marines in 1983 and said that he has signed the Hezbollah International Financing Prevention Amendments Act (HIFPAA) of 2018 just before, under which harder sanctions will be imposed on Hezbollah.
Trump also vowed to dismantle and disrupt the network and infrastructure of Hezbollah by blocking the flow of funds to the terrorist organization. He said, “Just a few moments ago I signed legislation imposing even more hard-hitting sanctions on Hezbollah to further starve them of their funds. And they are starving of funds”.
We are gathered together on this solemn occasion to fulfill our most reverent and sacred duty. 35 years ago, 241 American service members were murdered in the terrorist attack on our Marine Barracks in Beirut, Lebanon. Today, we honor our fallen heroes… pic.twitter.com/zPgjSFj9BM
— Donald J. Trump (@realDonaldTrump) October 25, 2018
Trump said, “We will target, disrupt, and dismantle their operational and financing networks of which they had plenty. They don’t have plenty now. And we will never forget what they did to our great Marines in Beirut. We will never forget”.
US President Donald Trump pulled out of Iran nuclear accord on May 8 and announced to impose sanctions on Iran in two phases. First phase sanctions were implemented from August 6 and second phase sanctions will be in full force from November 5. Second phase sanctions are targeted at oil and gas sector and Central bank of Iran.
Trump asked to the countries to bring down their oil purchase from Iran to zero and threatened to sanction the countries and firms that will continue to trade with Iran after the deadline of November 4.