News / Iran shipping sanctions beckon once more after Trump pulls US out of nuclear deal

09/05/2018

Shipping lines serving Iran have a six-month window to leave or cease their operations in the country, following Donald Trump’s announcement yesterday that the US is withdrawing from the Joint Comprehensive Plan of Action (JCPOA), which in 2015 agreed to lift economic sanctions on Iran in return for the country ending its nuclear weapons programme.

The US president broke with European and other world leaders to announce the US withdrawal from the agreement and imposition of sanctions following 90-day and 180-day wind-down ...