Trump implements full reimposition of all JCPOA sanctions, largest single-day action on Iran

All remaining JCPOA sanctions came back into force after the 180-day wind-down, described as the largest single-day sanctions action ever targeting Iran. OFAC sanctioned more than 700 individuals, entities, aircraft, and vessels. Sanctions targeted Iran's energy sector, shipping, financial institutions, and the Central Bank. Eight countries received temporary oil import waivers. The administration stated it had imposed 19 rounds of sanctions designating 168 Iran-related persons to date. Iran's oil revenues fell from ~$53 billion (2018) to ~$12.7 billion (2020), a 76% decrease.