Iran could face tightened sanctions within months after a US congressional panel Wednesday adopted a measure targeting the nation’s auto and mining industries as well as its foreign currency reserves. The House Foreign Affairs Committee unanimously passed the Nuclear Iran Prevention Act, which would extend existing sanctions to the auto…
The United States exempted China and Singapore from sanctions over purchases of oil from Iran hours before a deadline, saying that major economies were united in pressuring Tehran. The United States, however, did not grant exemptions to smaller-scale importers such as Pakistan and Afghanistan, meaning that banks from those countries…
WASHINGTON — The United States on Thursday exempted China and Singapore from sanctions over purchases of oil from Iran hours before a deadline, saying that major economies were united in pressuring Tehran. The United States, however, did not grant exemptions to smaller-scale importers such as Pakistan and Afghanistan, meaning that…
WASHINGTON  US Secretary of State Hillary Clinton announced Tuesday that the major world powers have clinched “strong draft” UN sanctions in a response to an Iran-Turkey-Brazil deal. In a surprise announcement before the Senate Foreign Relations committee, Clinton said the draft resolution would be circulated later Tuesday to the…