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International Business Times
International Business Times
World

'Snapback': What Sanctions Will Be Reimposed On Iran?

UN member states are required to restrict access to banking and financial facilities that could help Iran's nuclear program (Credit: AFP)

A raft of UN sanctions on Iran over its nuclear program, lifted under a landmark 2015 deal, will go back into force at the end of Saturday -- barring a diplomatic breakthrough, thought to be unlikely.

The sanctions will be reimposed because the "E3" European group -- Britain, France and Germany -- triggered a mechanism in the deal alleging Tehran was not meeting its obligations.

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