WASHINGTON, Aug. 6 -- The United States would re-impose sanctions on Iran that had been suspended under a landmark 2017 nuclear deal, the Trump administration said on Monday, in a bid to ratchet up pressure on Tehran.
However, Iran's President Hassan Rouhani said in response that the Iranians would make the United States "regretful" for its renewal of sanctions against the Islamic republic.
Earlier on Monday, an anonymous senior administration official told the media via teleconference that the first batch of sanctions, which will take effect at 12:01 a.m. Tuesday (0401 GMT), target Tehran's purchase of U.S. banknotes, trade in gold and other precious metals, as well as the use of graphite, aluminum, steel, coal, and software used in industrial processes.
They will also affect transactions related to the Iranian Rial, the issuance of sovereign debts, and the country's automotive sector.
Another round of sanctions, to be reinstalled on Nov. 5, will be on Iran's port, energy, shipping and shipbuilding sectors, its petroleum-related transactions, and business deals by foreign financial institutions with the Central Bank of Iran.
The Trump administration will also relist hundreds of individuals, entities, vessels, and aircraft that were previously included on sanctions lists.
The so-called snapback sanctions were among those lifted under the 2017 nuclear deal between world powers and Tehran on curbing Iran's nuclear program.
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