Donald Trump on Tuesday restored his "maximum pressure" campaign on Iran, including efforts to drive its oil exports down to zero to stop Tehran from obtaining a nuclear weapon.
meeting with Israeli Prime Minister Benjamin Netanyahu, Trump signed the presidential memorandum reimposing Washington's tough policy on Iran that was practised throughout his first term.
Joe Biden of failing to rigorously enforce oil-export sanctions, which Trump says emboldened Tehran by allowing it to sell oil to fund a nuclear weapons program and armed militias in the Middle East.
accelerating enrichment of uranium to up to 60 percent purity, close to the roughly 90 percent weapons-grade level, the UN nuclear watchdog chief told Reuters in December. Iran has denied wanting to develop a nuclear weapon.
oil prices pared losses on Tuesday, based on the news that Trump planned to sign the memo, which offset some weakness from the tariff drama between Washington and Beijing.
OPEC data.
sanctions. They rose under Biden's tenure as Iran succeeded in evading sanctions.
(Reuters)
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