EU to launch US-Iran sanctions blocking statute tomorrow

In light of President Trump’s decision to cease US participation in the JCPOA and to reimpose US sanctions on Iran, the President of the EU Commission Jean-Claude Juncker has announced that, tomorrow at 10.30am, the EU Commission will “[launch] the process [of activating] the ‘blocking statute’ from 1996”, in order to “protect European companies” from the extraterritorial effects of US...