US sanctions Iran’s major auto and rail firms in latest pressure campaign
The Trump administration sanctions Iran’s largest automakers, railway firms and foreign suppliers as Washington seeks to restrict Tehran’s revenue and weapons capabilities.
Iran's foreign minister has reportedly proposed in private discussions that his nation be willing to restore access for nuclear inspectors to damaged facilities in return for sanctions relief. This potential concession was mentioned during meetings at the United Nations with European and Middle Eastern diplomats while the foreign minister was in New York for the annual General Assembly.
The diplomats, who wished to remain anonymous, noted that the minister provided little information about Iran's economic situation following both sanctions and the U.S. naval blockade of the Strait of Hormuz, which has severely restricted the country's oil exports. The offer to allow nuclear inspectors, in exchange for easing sanctions, highlights the significant economic strain Iran is currently experiencing.
Written by urgent.news from Japan Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- Iran offers to allow nuclear inspectors if sanctions are eased japantimes.co.jp
