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Number Seven Thousand Six Hundred and Ninety Eight - 14 November 2024
Iran Daily - Number Seven Thousand Six Hundred and Ninety Eight - 14 November 2024 - Page 1

New Trump admin. can or cannot choke off Iran’s oil sales

By Mostafa
Shirmohammadi
Editor-in-chief

US President-elect Donald Trump reportedly plans to tighten the screws on Iran by reinstating his “maximum pressure” campaign after returning to the White House.
The Trump administration slapped “toughest-ever” sanctions on Iran in 2018 shortly after walking out of a multilateral nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA).
The sanctions targeted nearly the entire Iranian economy, including its oil sales, which served as the backbone of the country’s economy and its financial lifeline. The bans pushed Iran’s oil sales from 2.2 million barrels per day to below 200,000 bpd, although they were never able to achieve the declared goal of bringing exports to “zero.”

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