WANA (Oct 02) – Following the activation snapback, Turkey announced on Wednesday that it has frozen the assets of dozens of individuals and entities connected to Iran’s nuclear program. The decision was made under a decree signed by President Recep Tayyip Erdoğan.

 

State media reported that the move affects the assets and bank accounts of 20 Iranian individuals and 18 entities, including organizations tied to nuclear fuel production, uranium enrichment, shipping, and energy.

 

According to reports, the entities targeted include the Atomic Energy Organization of Iran, several Iranian banks, research centers, and companies active in the nuclear sector.

 

Entities named in the sanctions include:

  • Atomic Energy Organization of Iran
  • Bank Sepah and Bank Sepah International
  • Isfahan Nuclear Fuel Research and Production Center
  • Isfahan Nuclear Technology Center
  • Iran and India Shipping Company
  • Jaber Ibn Hayan Company
  • Karaj Nuclear Research Center
  • Kavoshyar Company
  • Mesbah Energy Company
  • Modern Industries Technique Company
  • Novin Energy Company
  • Agricultural and Medical Nuclear Research Center
  • Pars Tarash Company
  • Pioneer Energy Industries
  • Southern Shipping Lines

 

The Turkish government stated that the measure was aimed at curbing activities linked to Iran’s nuclear program and aligned with international restrictions. The announcement has yet to draw a formal response from Iranian officials.

 

Background

The snapback mechanism, part of the 2015 Iran nuclear deal (JCPOA), allows the reimposition of UN sanctions if Iran is found non-compliant. However, Iran and several legal experts argue that the UK, France, and Germany lost the legal standing to use the mechanism after the U.S. withdrawal from the deal in 2018.

 

The “snapback mechanism” was officially activated by the E3 on Sunday, September 28, 2025. Following its activation, several countries, including Japan, the U.S., and the UK, announced a new round of sanctions against Iran.

Diplomacy Against the Snapback Mechanism . JCPOA

The activation of the Snapback Mechanism. Social media/ WANA News Agency