US adds 13 entities to Iran sanctions list amid nuclear deal tensions

The United States has expanded its sanctions on Iran by adding 13 entities to its Iran-related sanctions list, indicating a potential escalation in enforcement pressure. This move is part of the ongoing U.S. strategy focusing on Iran’s oil exports, shadow banking, and other related networks. The Office of Foreign Assets Control (OFAC) sanctions restrict U.S. persons from engaging with the listed entities and freeze their assets within U.S. jurisdiction. This development comes amid already strained U.S.-Iran relations, with the Treasury and State Departments frequently updating the list of sanctioned entities. The recent inclusion is consistent with a tougher stance on Iran, possibly affecting ongoing negotiations regarding a final nuclear deal. Key Takeaways Recent sanctions suggest increased pressure on Iran, consistent with decreased likelihood of a U.S.-Iran nuclear deal. Market pricing reflects skepticism about reaching a final nuclear deal by August 13, with probabilities dropping across relevant timelines. The action aligns with previous trends of targeting Iran’s economic and military networks, suggesting continued U.S. focus on enforcement. What to Watch Observers should mo...