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Presidential Notice

Continuation of Iran Emergency

President Clinton extended the national emergency with respect to Iran for another year beyond its scheduled expiration on November 14, 1995. The continuation maintains sanctions and emergency authorities first invoked in 1979 following the Iran hostage crisis, citing ongoing abnormal diplomatic relations and incomplete implementation of the 1981 Algiers Accords.

Federal Register Open PDF 60 FR 55651

Impact dates

  1. Prior emergency expiration date; continuation takes effect to prevent lapse

Market exposure

Policy exposure mapping — not investment advice. Illustrative public companies are incomplete and not recommendations.

Sectors

Banking & financeOil & gasOther industrial

Mechanisms

Ban / prohibitionLicensing

Role pressure

  • AdverseTrading-partner exporter — Iranian entities and third parties face continued asset blocking and transaction prohibitions under maintained emergency authorities
  • AdverseImporter — US persons barred from Iranian oil imports and most trade; emergency continuation preserves these restrictions

Geographies

USEUOTHER

Exposure dates

  • — Prior emergency expiration date; continuation takes effect to prevent lapse

Illustrative public companies

Curated watchlist matches by sector/role — incomplete; not a recommendation.

AAPLAppleHSBCHSBCSHELShellTSLATesla

Confidence: high · Policy alerts

Key directives

  • Continue national emergency with respect to Iran beyond November 14, 1995
  • Publish notice in Federal Register
  • Transmit notice to Congress

Timeline

Immediate

  • Emergency authorities under IEEPA remain in force
  • Blocking of Iranian government property continues
  • Congressional notification transmitted

Near term (90d)

—

Long term

  • Annual review required for continuation beyond November 14, 1996
  • Potential for eventual normalization contingent on diplomatic progress

Risks & tensions

  • Routine procedural continuation masks enduring diplomatic stalemate
  • Perpetual emergency status since 1979 raises questions about statutory intent of time-limited emergency powers
  • Incomplete implementation of 1981 agreements remains unresolved after 14+ years
Presidential Notice: Continuation of Iran Emergency · Executive Orders