United Nations sanctions are set to be reimposed on Iran later Saturday under the “snapback” mechanism, a move Tehran says will be met with harsh retaliation. The step comes amid accusations Iran violated the 2015 nuclear deal, and echoes a deteriorating diplomatic standoff.
Efforts to delay reinstating all UN sanctions failed after a resolution by Russia and China to push back enforcement did not secure sufficient backing in the Security Council. As a result, the snapback is scheduled to take effect at 00:00 GMT on Sunday.
The snapback process was triggered 30 days ago by Britain, France and Germany (the “E3”), who accused Iran of breaching commitments under the 2015 deal, notably in areas like uranium enrichment and inspector access.
Iran denies seeking a nuclear weapon, and has called the move unlawful.
In response, Iran has recalled its ambassadors in Britain, France and Germany for consultations, escalating the diplomatic tit-for-tat. Meanwhile, President Masoud Pezeshkian downplayed alarm, saying, “It is not like the sky is falling.”
The sanctions to be reimposed include an arms embargo, bans on uranium enrichment and reprocessing, restrictions on ballistic missile-related activity, travel bans and asset freezes on designated persons and entities, and authorisation for seizure of prohibited material. Iran’s rial currency slid further, hitting a new record low as markets reacted to the looming return of sanctions.
Analysts warn the renewed sanctions may worsen Iran’s economic crisis, disrupt trade, limit access to banking and technology sectors, and hamper any remaining avenues for diplomatic engagement.
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Talks with the U.S. should be pursued to secure national interests as long as "threats and unreasonable expectations" are avoided, President Masoud Pezeshkian posted on X on Tuesday (3 February).
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 3rd of February, covering the latest developments you need to know.
Elon Musk’s rocket company SpaceX has acquired his artificial intelligence firm xAI, as the billionaire moves to bring more of his technology businesses under one structure.
Ukraine’s negotiating team is heading to the United Arab Emirates for a second round of trilateral peace talks with Russia and the U.S., President Volodymyr Zelenskyy said late Monday.
U.S. President Donald Trump said on Saturday that the United States has begun negotiations with European leaders over Greenland and that an agreement is already taking shape.
The United States accused Cuba of interfering with the work of its top diplomat in Havana on Sunday (1 February) after small groups of Cubans jeered at him during meetings with residents and church representatives.
Dmitry Medvedev, said European countries have failed to defeat Russia in Ukraine and have instead inflicted serious economic damage on themselves, as he criticised EU policy, praised Donald Trump as a leader who seeks peace, and said Russia would “soon” achieve military victory in the war.
Heavy snow continued to batter northern and western Japan on Saturday (31 January) leaving cities buried under record levels of snowfall and prompting warnings from authorities. Aomori city in northern Japan recorded 167 centimetres of snow by Friday - the highest January total since 1945.
A daylight robbery at a jewellery shop in Richmond, one of London’s most affluent and traditionally quiet districts, has heightened security concerns among residents and local businesses.
Mexico said it will stop sending oil to Cuba as U.S. President Donald Trump ramped up pressure on the Caribbean nation.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 3rd of February, covering the latest developments you need to know.
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India says it's going to stop buying Russian oil and lower trade barriers after U.S. President Donald Trump announced a trade deal with India on Monday (2 February) that cuts American tariffs on Indian goods to 18% from 50%.
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