State Department: We Aren't Giving Into Iran's Nuclear Extortion and the Europeans Shouldn't Either

|
|
Posted: Jun 17, 2019 6:00 PM
State Department: We Aren't Giving Into Iran's Nuclear Extortion and the Europeans Shouldn't Either

The State Department is slamming Iran's latest uranium enrichment acceleration in violation of the Iran nuclear agreement, calling it "extortion" the U.S. and international community should not appease. 

Over the weekend, Secretary of State Mike Pompeo reiterated the mission of stopping Iran from obtaining a nuclear weapon and held the regime responsible for current escalations in the region.

Last week Iran attacked a Japanese oil tanker in the Gulf of Oman. Today the U.S. released more evidence Iran is responsible, despite repeated denials.

Meanwhile, the U.S. is reportedly ready to slap more sanctions Iran for financial violations. From the Washington Free Beacon

The Trump administration is considering new sanctions on Iran to stop it from using backdoor financial methods as a means to skirt U.S. economic sanctions on its business dealings with leading European nations, according to multiple U.S. officials who told the Free Beacon that Tehran is operating a "nuclear racket."

The new sanctions would directly target Iran's Special Trade and Finance Institute (STFI), an alternate financial body established by Tehran to ensure it can continue engaging in lucrative trade deals with Europe in the face of heavy U.S. sanctions. The STFI was meant to replace the Instrument in Support of Trade Exchanges (ISTEX), which France, Germany, and the United Kingdom created in January to facilitate trade with Iran.