Iranians brace as US reimposes harsh sanctions
Iranians are bracing for the full force of US sanctions due to hit this week as the Trump administration reimposes an embargo on oil, the most stringent set of punitive measures since Washington withdrew from the 2015 nuclear deal, known as Joint Comprehensive Plan of Action.
The new sanctions, which also aim to cut off Iran’s banking sector from the global market, are timed to coincide with the anniversary of the 1979 storming by Iranian revolutionaries of the US embassy in Tehran, when angry students took 52 American diplomats hostage for 444 days.
Iran has remained defiant, saying it is confident it can weather the impacts, and that the US will fail to bring down Iranian oil imports to zero. But ordinary people, wary of the fluctuations of the currency and the rising prices of goods, are anxious.
Last Sunday, a state-organised rally took place in front of the former US embassy in central Tehran to mark the anniversary. The crowd held placards reading “Down with USA” and “Down with Israel”.