On 8 May 2018 the United States withdrew from the Joint Comprehensive Program of Action (JCPOA) in which parties agreed to terminate a range of sanctions against Iran in recognition of reforms to its nuclear program. Australia's sanctions laws against Iran are not affected by the United States' decision to withdraw from the JCPOA or to re-impose nuclear related domestic sanctions against Iran. We nonetheless encourage Australian businesses to examine and take legal advice on implications of re-established sanctions by the United States.

Details of Australia's sanctions on Iran