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1h ago

UN Sanctions Snap Back on Iran After European Trigger as Tehran Rejects Move

European governments cite curtailed inspections alongside nuclear escalation to justify reviving pre‑deal penalties.

Iran's Foreign Minister Abbas Araghchi (R) and International Atomic Energy Agency (IAEA) Director General Rafael Mariano Grossi pose for a photo before their meeting in Tehran on November 14, 2024.
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An Iranian woman walks past a billboard in Tehran on Saturday. Embargoes, asset freezes and other punitive measures threaten to damage Iran’s already fragile economy. EPA

Overview

  • The 30‑day snapback process concluded with pre‑2015 UN measures restored, reviving an arms embargo, enrichment and missile restrictions, travel bans, asset freezes, and authority for member states to seize prohibited materials.
  • Iran dismissed the action as unfair, unjust, and illegal, recalled its ambassadors to Britain, France, and Germany, and urged the UN Secretary‑General to block revival of the sanctions committee.
  • European leaders stressed the move is not the end of diplomacy, saying Iran could ease pressure by restoring verifiable IAEA access and addressing its stockpile of highly enriched uranium.
  • Iran’s rial slid to a record low of roughly 1.1 million per US dollar after the announcement, underscoring immediate economic strain inside the country.
  • Russia condemned the sanctions as unlawful while Israel welcomed the step, and Iran’s parliament denounced the measures as security officials signaled readiness for potential confrontation.