Package to stop ‘destabilising activities’ falls short of aim to cut off Tehran’s oil industry The Trump administration has unveiled the full extent of its new sanctions on Iran, with targets including 50 banks and their subsidiaries, the national airline, and 200 members of the shipping industry and vessels. However, the sanctions fell short of the US’s aim of cutting off Iranian oil exports entirely. Eight countries, including Tehran’s biggest customers, were granted temporary waivers: China, India, Italy, Greece, Japan, South Korea, Taiwan and Turkey. Continue reading...