Sanctions against Iran

A United Nations Security Council arms embargo on Iran formally expires. The embargo had been in place since 2007 and was due to expire as part of the terms agreed in the 2015 Joint Comprehensive Plan of Action. Iranian Foreign Minister Mohammad Javad Zarif says, "Today's normalization of Iran's defense cooperation with the world is a win for the cause of multilateralism and peace and security in our region".

Iran sees no arms buying spree as it expects U.N. embargo to end

Sources:  Reuters