Snapback sanctions will have little impact, MP says

Britain, France and Germany triggered the 30-day “snapback” process on August 28, accusing Iran of breaching the 2015 nuclear deal. If no agreement is reached, restrictions including an arms embargo, asset freezes and bans on nuclear-related technology will return at the end of the month.

The move would also provide a legal basis for the EU and Britain to reimpose banking, shipping and energy curbs.

But as Reuters’ columnist Ron Bousso writes, past experience shows Western sanctions have had limited lasting impact on Iranian oil flows.

Exports collapsed to 444,000 barrels per day (bpd) in 2020 after Washington reimposed sanctions but have since rebounded to 1.6 million bpd this year, with nearly 80% going to China, according to data from analytics firm Kpler.

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  Defying 'maximum pressure', China uptake of Iranian oil hits pre-Trump high

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  Sanctions and graft decimated Iran oil revenues, ex-Treasury official says

Despite years of US efforts to expand restrictions on tankers, traders and refiners, Iran has developed an opaque network of intermediaries, uninsured vessels and ship-to-ship transfers to keep crude flowing.

“These whack-a-mole efforts have had little and often short-lived impact,” Bousso wrote.

Analysts say the snapback may deter some Asian buyers but not Beijing, which has already defied Western sanctions by importing sanctioned Russian LNG cargoes. Chinese refiners could even gain leverage to secure Iranian oil at steeper discounts, further undermining the effectiveness of Western sanctions.

The oil and petrochemical sector contributed roughly a quarter of Iran’s GDP in 2024, making continued exports critical to Tehran’s economy as sanctions loom.

An Iranian lawmaker on the parliament’s National Security Committee denounced the activation of the UN snapback sanctions mechanism as “shameless,” warning Tehran would not surrender and must manage the consequences.

Rouhollah Nejabat, a member of the committee’s presidium, said Europe’s decision was a “disgraceful political game,” adding, “If Iran has not complied with its JCPOA commitments for 10 years, then why was the activation delayed until the final minutes?”

He added that the snapback mechanism was “feeble” from both a military and security standpoint.

Lindsay and Craig Foreman, from East Sussex, were arrested during a motorcycle world tour and accused of spying -- allegations they deny. Their son, Joe Bennett, said the pair were enduring “survival conditions” and urged the UK government to act.

The BBC reported that the couple’s family said they were “in the dark” about the upcoming court appearance, with their son confirming they had only been told the pair were due in court on Saturday.

“The systematic harassment and violations must stop. They need real, tangible support for their court appearances and to ensure proper medical attention, regular family contact and the urgent securing of their release,” Bennett said in a statement.

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  British couple detained in Iran taken to court without notice, family says

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  Iranian authorities tortured British couple in prison, source says

Rights groups and a source familiar with the case have alleged the couple were held in solitary confinement, beaten and threatened with execution by Iranian intelligence agents seeking forced confessions.

The Foreign, Commonwealth and Development Office said it was “deeply concerned” and continued to raise the case with Iranian authorities.

Britain has repeatedly rejected Tehran’s charges and pressed for the couple’s release. Western governments and rights organizations say Iran has a history of detaining foreign nationals as leverage in disputes, an accusation Tehran denies.

“They have the capacity. A number of centrifuges may have escaped damage,” Rafael Grossi, director-general of the International Atomic Energy Agency (IAEA), told The Times.

“They have places where they manufacture these components -- rotors, bellows and things -- where they do all these activities. So if they wanted to, it would just be a matter of time.”

Grossi said it would take “not much time” to enrich Iran’s stockpile of uranium from its current 60% purity to 90% weapons-grade. “It’s a matter of weeks -- not months or years,” he said.

Although inspections have resumed at some sites after Tehran suspended cooperation following the June strikes, Grossi said his agency had yet to gain access to Iran’s uranium stockpile.

“They seem to be quite protective of this,” he said, adding that Iran believes the material could still be vulnerable to further attacks.

Iran says its uranium stockpile was buried under rubble after the strikes on its facilities and is now out of reach.

Grossi confirmed the Fordow enrichment plant had sustained “considerable damage,” saying: “The kinetic impact, the earth movement and all of that, we can say with a great degree of confidence, must have affected almost totally the equipment that was in place.”

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  Iran not allowed to cut IAEA ties over snapback sanctions, Grossi says

Eslami vows to rebuild facilities, rules out US talks

Mohammad Eslami, head of Iran’s Atomic Energy Organization and a vice president, told Sky News that the Fordow, Natanz and Isfahan facilities were hit by 30,000lb US bunker-busting bombs in June.

“It is quite normal that during a military attack on facilities, they incur damage and the infrastructure is destroyed,” he said. “What is important is that science, know-how, technology, and industry are long-standing and deeply-rooted in the history of Iran.”

Eslami added that enrichment was for peaceful purposes, dismissing Western claims that Iran sought nuclear weapons.

“The enrichment percentage, what is presented in public opinion and in the media, is fueled by politicians, adventurers, and our enemies,” he said. “The enrichment percentage is not necessarily for weapons when it is high. We need higher enrichment for our sensitivities and precision measurement tools. No one is selling us these items. We need these products for the safety system of our reactors and for sensitive processes used for managing our reactors.”

He ruled out talks with Washington. “There is no need to talk to them,” Eslami said.

“The US government has committed great injustice to the Iranian people, has inflicted heavy blows on Iran since the beginning of the Islamic Revolution, and has recently carried out military attacks against our country. An enemy is an enemy, even if they have not shown hostility, while their hostility is great, it is futile to talk to such an enemy.”

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  Iran, E3 hold last-ditch talks in New York before snapback deadline

Snapback sanctions deadline looms

The interviews come as European powers held last-ditch talks with Iran in New York before a September 27 deadline for the reimposition of UN sanctions, triggered under the 2015 nuclear deal’s “snapback” mechanism. Britain, France and Germany accuse Iran of non-compliance, while Tehran says its program remains peaceful.

Diplomats say sanctions will return automatically unless Iran restores access for UN inspectors and addresses concerns over its enriched uranium. The measures would reinstate UN travel bans, asset freezes, and arms restrictions, compounding already severe US and EU sanctions.

Iranian Foreign Minister Abbas Araghchi said in New York he was using the “remaining days for diplomatic consultations that might lead to a solution,” but warned that if no compromise was found, “we will continue our path.”

President Masoud Pezeshkian has pledged Iran would “overcome” renewed sanctions, though the rial has hit record lows and inflation is nearing 50%.

The United States estimates the strikes set back Iran’s nuclear ambitions by up to two years, but Grossi cautioned it was “subjective.”

“Yes, they can reconstruct it but it would take a considerable amount of time, which could be measured in years,” he said.

Iranian officials argue the country’s capabilities cannot be erased. “What is important is that science, know-how, technology, and industry are long-standing,” Eslami said.

As the clock ticks toward sanctions snapback, Grossi warned the stakes remain high. “It’s a matter of weeks, not months or years,” he said of Iran’s ability to reach weapons-grade enrichment — a timeline that underscores both the urgency of diplomacy and the fragility of containment.

Iran’s nuclear chief acknowledged that some of the country’s nuclear facilities were “destroyed” in US airstrikes during June’s 12-day war with Israel, but vowed they would be rebuilt despite international pressure and the threat of further attacks.

Mohammad Eslami, head of the Atomic Energy Organization of Iran and a vice president, told Sky News in Vienna that Fordow, Natanz and Isfahan were among the sites targeted in US strikes using bunker-busting bombs.

“It is quite normal that during a military attack on facilities, they incur damage and the infrastructure is destroyed,” he said, insisting Iran’s nuclear know-how could not be erased.

Satellite images showed major destruction at the enrichment sites, though parts of the program remain buried deep underground. Western governments accuse Tehran of seeking nuclear weapons, which it denies.

Eslami ruled out direct talks with Washington, saying the US had “inflicted heavy blows on Iran” and could not be trusted after abandoning the 2015 nuclear deal.

He defended uranium enrichment levels, saying they are needed for reactors and scientific uses, not weapons.

European powers have already triggered a process to restore UN sanctions on Iran by late September unless it restores inspector access and re-engages in talks.