U.S. issues fresh Iran sanctions, targets Chinese, UAE firms

Contributing sentiments towards policy:

50% : The U.S. Treasury Department in a statement accused the designated companies of being used by Iran's Persian Gulf Petrochemical Industry Commercial Co. to facilitate the sale of Iranian petroleum and petrochemical products from Iran to East Asia.
34% : "Until such time as Iran is ready to return to full implementation of its commitments, we will continue to enforce sanctions on the illicit sale of Iranian petroleum and petrochemicals."
32% : Efforts to resurrect the deal - under which Iran had curbed its nuclear program in exchange for relief from U.S. and other sanctions - have so far failed, leading the U.S. administration to look for other ways to increase pressure on Iran.
22% : Since taking office in January 2021, U.S. President Joe Biden has been loathe to sanction Chinese entities engaged in the oil and petrochemical trade with Iran due to hopes of securing an agreement to revive the 2015 Iran nuclear deal.

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