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Notice 12957NoticeClinton · D Quiet signal

Presidential Notice 12957

Continuation of Iran Emergency

President Clinton extended the national emergency with respect to Iran for another year, first declared on March 15, 1995 by Executive Order 12957, citing ongoing threats from Iran's support for terrorism, efforts to undermine Middle East peace, and weapons of mass destruction programs. The continuation is made under section 202(d) of the National Emergencies Act and is distinct from the earlier Iran emergency declared in 1979.

Federal Register Open PDF 62 FR 10409

Impact dates

  1. Prior emergency expiration date; continuation takes effect to extend 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

  • AdverseTrading-partner exporter — Continuation of comprehensive sanctions restricts Iran's ability to export oil and conduct international commerce, with spillover effects on trading partners
  • AdverseImporter — US persons and entities remain barred from Iran trade and investment opportunities

Geographies

USOTHER

Exposure dates

  • — Prior emergency expiration date; continuation takes effect to extend 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 with respect to Iran beyond March 15, 1997
  • Publish notice in Federal Register
  • Transmit notice to Congress

Timeline

Immediate

  • National emergency with respect to Iran continues in effect beyond March 15, 1997
  • Sanctions under EO 12957 and EO 12959 remain active

Near term (90d)

—

Long term

  • Annual renewal pattern expected to continue as long as statutory conditions persist

Risks & tensions

  • Procedural renewal without policy change; maintains status quo sanctions architecture
  • Distinction from 1979 emergency suggests complex overlapping emergency framework for Iran
Presidential Notice 12957: Continuation of Iran Emergency · Executive Orders