The United Nations Security Council has announced that all existing sanctions imposed on Iran will be reinstated following a failed attempt by Russia and China to postpone their implementation. This decision follows a protracted negotiation process aimed at delaying the sanctions, which were initially in place due to Iran’s nuclear program and international relations. The resumed sanctions are expected to significantly impact Iran’s economy and financial stability, potentially affecting trade and investment flows. The process is currently under review by the Security Council members.
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