US Seeks More Sanctions On Iran
After Iran announced intentions for new nuclear facilities, the US is seeking to expand sanctions on Iran, encouraging China and Russia to participate.
The Obama administration is scrambling to assemble a package of harsher economic sanctions against Iran over its nuclear program that could include a cutoff of investments to the country’s oil-and-gas industry and restrictions on many more Iranian banks than those currently blacklisted, senior administration officials said Sunday.
The administration also is seeking to build a broader coalition of partners for sanctions so that it may still be able to act against Iran even if China and Russia were to veto harsher measures proposed in the United Nations Security Council.
Read the complete article at the New York Times: US Is Seeking a Range of Sanctions Against Iran.
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