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Wednesday, 26 October 2016


US have tightened sanctions against Iran

2012-08-01 12:32

The U.S. President Barack Obama has extended economic sanctions against Iran. According to the Vedomosti, the White House believes that the new measures, concerning the energy, chemical industry and financial sector, won't allow Tehran to avoid sanctions, imposed previously.


In particular, it was reported that the Iranians were trying to sell oil for gold bypassing the sanctions. The new sanctions will toughen the punishment for the purchase of Iranian oil and for the sale of precious metals and American dollars to Iran. Also, the deals with the National oil company of Iran, the Naftiran Intertrade and the Iranian Central Bank were prohibited. It is supposed, the Chinese Bank "Kunlun Mountains" and the Iraqi "Islamic Bank Elaf", who are suspected in aiding Iran, may be punished.

Obama added that the United States continued to seek a diplomatic solution to the Iranian nuclear problem, but a key condition remains Iran's consent to fulfill its obligations to the international community.

Meanwhile, the BBC reported, China has angrily reacted to the new attempts of the U.S. President Barack Obama to put pressure on Iran because of its nuclear program.

China, which is the largest importer of Iranian oil, stated the sanctions against Tehran should be removed and noted that the introduction of such measures could damage relations between Beijing and Washington.

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