Business Insider reports that President Donald Trump heralded the return of U.S. sanctions on Iran on Tuesday.
He seemed to tie those sanctions to a push for nothing less than world peace.
Trump tweeted, "The Iran sanctions have officially been cast.
These are the most biting sanctions ever imposed, and in November they ratchet up to yet another level.
Anyone doing business with Iran will not be doing business with the United States.
I'm asking for world peace, nothing less!"
As of midnight on Tuesday, the U.S. reimpose sanctions on Iran, cutting their access to U.S. banking.
Other measures will affect precious metal sales, its automotive industry and its insurance of sovereign debt.
The European Union expressed its deep regret that Trump had exited the U.S. from the Iran deal.
They see the U.S. as seeking to punish the Islamic Republic.
Iran said it was the U.S. who would come to regret the decision.