Secretary of State Mike Pompeo announces the Trump administration’s restoration of sanctions on Iran last month. The Trump administration has decided to impose new sanctions on Iran’s financial sector in defiance of European allies who warned that the move could have devastating humanitarian consequences on a country reeling from the novel coronavirus and an ongoing currency crisis, three officials familiar with the decision said Wednesday. The measures will target the few remaining banks not currently subject to secondary sanctions in a move European governments say is likely to diminish channels Iran uses to import humanitarian goods, such as food and medicine, officials said. Defenders of the plan, which is expected to be announced on Thursday, say further isolating Iranian commerce fits with the Trump administration’s efforts to crush the Iranian economy to bring Tehran to the negotiating table — a strategy that has not panned out yet. They also […]