UN Imposes "Snapback" Sanctions on Iran: Economic Consequences Mount
The United Nations imposed sanctions on Iran early Sunday via a mechanism known as "snapback," included in the 2015 nuclear deal with world powers. The move freezes Iranian assets abroad, halts arms deals with Tehran, and penalizes development of its ballistic missile program.
Timeline of Events
September 28, 2025: UN reimposes sanctions on Iran
June 2025: Israeli strike killed armed forces commanders in Iran
2015: Iran signed nuclear deal with world powers
Immediate Impact
The sanctions will exacerbate Iran's economic woes, which have been exacerbated by a record-low rial currency and rising food prices. The Iranian people are already struggling to access basic necessities.
Background Context
Iran's economy has been under strain since the US withdrew from the 2015 nuclear deal in 2018. The country's rial currency has plummeted, leading to increased pressure on food prices. The sanctions will further squeeze Iran's resources, affecting its people's daily lives.
What Happens Next
The UN's decision is likely to intensify tensions between Iran and world powers. The Iranian government may respond with countermeasures or diplomatic efforts to mitigate the impact of the sanctions. The international community will closely monitor the situation as it unfolds.
*This story is developing. Information compiled from Npr reporting.*
