Illegitimate Sanctions on Iran
Sanctions imposed are illegal.
by Stephen Lendman
Washington bears full responsibility for imposing illegitimate sanctions on Iran. Other countries are pressured to agree. Doing so harms their own interests.
Heavy-handed US bullying largely gets its way. Rule of law principles and norms are violated. At issue is advancing Washington's imperium.
America's 1977 International Emergency Economic Powers Act (IEEPA) lets presidents claim unusual and/or extraordinary foreign threats, declare a national emergency, and regulate commerce accordingly.
Presidents have taken full advantage deceptively, unjustifiably, and illegally.
In November 1979, Washington seized $12 billion in Iranian government bank deposits, securities, gold, and other properties. They included $5.6 billion held by overseas branches of US banks.