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 rationale does the U.S. provide for potentially sanctioning companies that avoid the U.S. financial system?

What reactions are anticipated from the French, German, and UK governments regarding U.S. sanctions?