U.S. Warns That Europe's Iran Workaround Could Face Sanctions

The transcript discusses the US Treasury Department's letter warning European companies about potential sanctions if they engage with Iran through a European workaround. This is part of the Trump administration's strategy to enforce sanctions on Iran, affecting not only Iran but also European countries trying to maintain the nuclear deal. INSTEX, a mechanism to bypass the US financial system, is highlighted as a target for US sanctions. European countries like France, Germany, and the UK are closely monitored for their response as they strive to keep the nuclear deal alive despite US pressure.

What is the main purpose of the US Treasury Department's letter to European companies?

• To warn about potential sanctions

• To promote US financial systems

• To encourage trade with Iran

• To support the nuclear deal

What is INSTEX designed to do?

• Promote US sanctions on Iran

• Support US companies in Iran

• Avoid using the US financial system for trade with Iran

• Facilitate trade with Iran using the US financial system

Why might European companies face US sanctions even if they avoid using the US financial system?

• Because they are using US dollars

• Because they are trading with blacklisted Iranian entities

• Because they are part of the nuclear deal

• Because they are based in Europe

Which European countries are most involved in finding a workaround to US sanctions on Iran?

• Italy, Spain, and Portugal

• Greece, Cyprus, and Malta

• Sweden, Norway, and Denmark

• France, Germany, and the UK

What is the primary goal of France, Germany, and the UK regarding the nuclear deal?

• To impose more sanctions

• To abandon the deal

• To maintain the deal

• To negotiate a new deal