ExecutiveOrdersEO
Notice 12170NoticeClinton · D

Presidential Notice 12170

Continuation of Iran Emergency

President Clinton continued the national emergency with respect to Iran that was originally declared in 1979, as required annually under the National Emergencies Act. The continuation was necessary because U.S.-Iran relations had not normalized and implementation of the 1981 Algiers Accords remained ongoing.

Federal Register Open PDF 62 FR 51591

Impact dates

  1. Emergency continues beyond this date

Market exposure

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

Sectors

Oil & gasOther industrial

Mechanisms

Ban / prohibition

Role pressure

  • AdverseImporter — Continuation of emergency maintains blocking of Iranian government property and sanctions on Iranian oil imports
  • AdverseTrading-partner exporter — Iranian entities remain blocked from US markets and financial system

Geographies

US

Exposure dates

  • — Emergency continues beyond this date

Illustrative public companies

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

AAPLAppleSHELShellTSLATesla

Confidence: high · Policy alerts

Key directives

  • Continue national emergency declared November 14, 1979 with respect to Iran beyond November 14, 1997
  • Publish notice in Federal Register
  • Transmit notice to Congress

Timeline

Immediate

  • National emergency with respect Iran continues beyond November 14, 1997

Near term (90d)

  • Notice transmitted to Congress and published in Federal Register

Long term

  • Annual continuation cycle repeats unless terminated by Congress or President

Risks & tensions

  • Procedural continuation with no policy change; tension between statutory annual renewal requirement and perpetual emergency status
  • Ongoing sanctions architecture maintained without congressional reauthorization debate
Presidential Notice 12170: Continuation of Iran Emergency · Executive Orders