logo
U.S. imposes another round of Iran-related sanctions amid nuclear deal negotiations

U.S. imposes another round of Iran-related sanctions amid nuclear deal negotiations

Yahoo14-05-2025
May 14 (UPI) -- The United States has imposed additional Iran-related sanctions, as the Trump administration negotiates with Tehran on a new nuclear weapons deal.
The sanctions announced Tuesday by the U.S. Treasury target an Iranian oil smuggling network the Trump administration accuses of generating billions of dollars for the Tehran regime's military and proxy forces.
Fifteen front companies, buyers and facilitators in Hong Kong, mainland China, the Seychelles and Singapore were hit by the punitive measures, along with 52-year-old Iranian national Mohammad Khorasani Niasari and two shipping vessels.
The secondary sanctions were levied due to their links to Sepehr Energy Jahan Nama Pars Company, which the previous Biden administration blacklisted in November 2023 for overseeing the Iranian Armed Forces General Staff's network of front companies that it uses to sell commodities, including oil, internationally -- funds that are used to further Iran's weapons and nuclear programs and other destabilizing activities.
According to Treasury officials Sepehr Energy obfuscates the origin of these oil shipments through a series of deals involving between multiple front companies it owns. Some of the entities that were blacklisted Tuesday were established in China and Hong Kong.
Among the tactics deployed to conceal the oil's Iranian origin is the use of ship-to-ship transfers at sea before the cargo reaches China. Once in the country, Sepehr Energy relies on complicit local agencies willing to aid their sanctioned sales.
Khorasani is a financial inspector for Sepehr Energy and its affiliates and was sanctioned Tuesday for helping to manage the Iranian Armed Forces General Staff's transactions.
"As long as Iran devotes its illicit revenues to funding attacks on the United States and our allies, supporting terrorism around the world and pursuing other destabilizing actions, we will continue to use all the tools at our disposal to hold the regime accountable," State Department spokesperson Tammy Bruce said in a statement.
The sanctions are the latest the Trump administration has imposed since early February when President Donald Trump resumed his so-called maximum pressure policy from his first term -- an effort that failed to coerce Iran into returning to the negotiating table for a new nuclear weapons deal.
During his first term in office, Trump imposed sanctions against Iran and unilaterally withdrew the United States from a landmark Obama-era multinational nuclear accord aimed at preventing Iran from acquiring a nuclear weapon.
Trump applied his maximum pressure campaign of sanctions and political pressure to force Tehran to negotiate a new deal he believed would be better. Instead, the Middle Eastern country ignored its obligations under the accord and escalated its nuclear weapons program to the point where the U.S. government estimates Iran could need as little as a week to produce enough weapons-grade uranium for a single nuclear bomb.
However, talks about a new nuclear deal between the two countries have resumed during the Trump's second term, with State Department deputy spokesperson Tommy Pigott telling reporters in at a Washington press conference on Tuesday that the negotiations "continue to show progress."
There have been four rounds of informal talks with the fifth round yet to be scheduled.
Trump, speaking in Saudi Arabia on Tuesday, called on Iran to abandon its nuclear ambitions and accept "a much better path toward a far better and more hopeful future" or expect consequences. The United States under administration of both Democrats and Republicans have said they will not permit Iran to obtain a nuclear weapon.
"I want to make a deal with Iran," Trump said. "This is an offer that will not last forever. The time is right now to choose. We don't have a lot of time to wait."
The Trump administration is demanding that Iran discontinue its uranium enrichment program and dismantle its facilities. Iran has said it will not compromise on its enrichment capabilities.
On Monday, after the United States blacklisted three Iranians and a related technology firm involved in nuclear weapons research, Iranian Deputy Foreign Minister for Political Affairs Majid Takht-Ravanchi suggested there was a possibility of negotiating on its enrichment allotments.
For a limited period of time, we can accept a series of restrictions on the level and volume of enrichment," he said, state-run Press TV reported.
"We have not yet gone into details about the level and volume of enrichment."
According to the Treasury, since Trump announced the resumption of his maximum pressure campaign, the United States has sanctioned 253 individuals, entities and vessels related to Iran and its proxies.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Oppenheimer Downgrades C3.ai (AI) Amid Weak Results and Leadership Change
Oppenheimer Downgrades C3.ai (AI) Amid Weak Results and Leadership Change

Yahoo

time13 minutes ago

  • Yahoo

Oppenheimer Downgrades C3.ai (AI) Amid Weak Results and Leadership Change

Inc. (NYSE:AI) is one of the AI Stocks Investors Are Watching Right Now. On August 13, Oppenheimer analyst Timothy Horan downgraded the stock from Outperform to Perform. The rating downgrade comes amid weaker-than-expected preliminary results for the first quarter of fiscal 2026. The firm noted also noted that CEO and founder Tom Siebel is stepping down due to health issues. "We are downgrading to Perform and removing our $45 price target following extremely weak preliminary 1Q26 results. The company significantly lowered revenue expectations for 1Q26, from ~$105M to ~$70M, implying a 35% sequential decline and a major concern given the recurring nature of its Subscription revenues, suggesting the services are not working as advertised." Inc. (NYSE:AI) is an enterprise artificial intelligence (AI) software company involved in building and operating enterprise-scale AI applications and accelerating digital transformation. While we acknowledge the potential of AI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

UBS Resumes Coverage on Elastic (ESTC) With Buy Rating, $95 Price Target
UBS Resumes Coverage on Elastic (ESTC) With Buy Rating, $95 Price Target

Yahoo

time13 minutes ago

  • Yahoo

UBS Resumes Coverage on Elastic (ESTC) With Buy Rating, $95 Price Target

Elastic N.V. (NYSE:ESTC) is one of the . On August 13, UBS analyst Radi Sultan resumes coverage on the stock with a Buy rating and a price target of $95.00 (from $148.00). The coverage resumption follows conversations with more than fifteen industry checks which have revealed stable to slightly improved demand environment for Elastic's services. The firm particularly likes the 'the near-term numbers setup + medium-term upside optionality from GenAI'. "With the stock pricing in ~12% growth in FY26/27E, we are modeling 13% (in FY26/27E) but think risk is skewed to the upside as we believe Elastic could do 15-16% growth in an upside case. We're also ~4%/6% ahead of the Street for FCF in FY26/27E.' A financial analyst looking at a computer monitor filled with stock market data, expressing confidence in the company's investments. UBS also believes that the AI narrative will eventually shift in Elastic's favor. However, the real GenAI opportunity is one or two years away. 'While we did hear positive datapoints on the AI Search lift and we see room for the AI narrative to shift in Elastic's favor, the real GenAI opportunity still sounds 1-2 years away. The key risk we picked up was competition, but at ~4x CY26E Revs we think this is mostly priced in." Elastic N.V. is a search AI company offering cloud-based solutions. While we acknowledge the potential of ESTC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None.

SoundHound (SOUN) Upgraded to ‘Buy' by Ladenburg After Strong Q2 and Amelia Acquisition
SoundHound (SOUN) Upgraded to ‘Buy' by Ladenburg After Strong Q2 and Amelia Acquisition

Yahoo

time13 minutes ago

  • Yahoo

SoundHound (SOUN) Upgraded to ‘Buy' by Ladenburg After Strong Q2 and Amelia Acquisition

SoundHound AI (NASDAQ:SOUN) is one of the SoundHound AI (NASDAQ:SOUN) is one of the best midcap AI stocks to buy right now. On August 11, 2025, Ladenburg Thalmann upgraded SoundHound from Neutral to Buy and raised its price target from $9 to $16. The upgrade followed strong Q2 results and renewed confidence in the company's long-term trajectory. The analyst cited momentum across multiple segments, including enterprise voice AI, automotive integrations, and restaurant partnerships. They also noted that the recent acquisition of Amelia has expanded SoundHound's capabilities in conversational AI, while the launch of Vision AI adds another layer to its platform differentiation. Copyright: natashamam / 123RF Stock Photo Ladenburg expects SoundHound to generate over $270 million in revenue by 2027 and achieve double-digit adjusted EBITDA margins. While they acknowledge the company's 22x EV/revenue multiple as elevated, they believe the upside potential outweighs valuation concerns. The firm pointed to improving revenue visibility, expanding deal flow, and increased demand for AI-native solutions as strong tailwinds going forward. SoundHound AI is a California-based voice AI company that builds natural language understanding and speech recognition platforms for businesses. Its technology is deployed across industries including automotive, restaurants, and customer service, enabling users to interact with systems through voice and vision interfaces. While we acknowledge the potential of SOUN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and .

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store