United States sanctions against Iran
The United States unveils the "highest sanctions ever imposed on a country", targeting Iran's Central Bank and its National Development Fund.
The US seizes a Russian owned oil tanker carrying Iranian crude oil in Greece and has transferred the cargo to another ship destined for the US. It is unclear if the seizure was due to US sanctions against Iran or US sanctions on Russia.
Iranian Supreme Leader Ali Khamenei expresses his support for negotiations and efforts to revive the 2015 nuclear deal. He also says that the Iranian economy should not be tied to efforts to ease U.S. sanctions against the country.
Iranian President Ebrahim Raisi announces that the country is ready to resume nuclear talks and to revive the Joint Comprehensive Plan of Action. Raisi also called on the U.S. to lift its sanctions against Iran.
Hardline cleric Ebrahim Raisi is sworn-in as the eighth President of Iran after being approved by Supreme Leader Ali Khamenei. Raisi has promised to end US sanctions and work for the vital oil sector of Iran, which has been affected by the sanctions.
The United States Secretary of State Mike Pompeo declares the 2015 nuclear accord with Iran as no longer in force. He also warns that the United States "is prepared to use our domestic authorities to impose consequences" for other countries that do not enforce the sanctions. Britain, France, Germany, China, and Russia oppose the snapback sanctions.
The Parliament of Iran questions President Hassan Rouhani on weak economic growth, banking restrictions and rising prices. It is not satisfied by four of his five answers and refers the case to the judiciary. He chiefly blames the United States' sanctions, and vows the "plot" will not succeed.
The Iranian rial hits another record low against the US dollar ahead of August 7, when the first round of fresh United States sanctions against Iran begin.
Malta imposes a freeze on Pilatus Bank. The bank's Iranian chairman Ali Sadr Hashemi Nejad was arrested and charged in the United States earlier this week, accused of breaching United States sanctions against Iran.