U.S. Senate to consider new Iran sanctions on Thursday
will ask the U.S. Senate to approve a new package of oil and The politically popular sanctions are focused on foreign banks that handle transactions for Iran's national oil and tanker companies, and include measures to close loopholes in existing sanctions. Iran has insisted its nuclear program is for civilian purposes. The sanctions build on penalties signed into law by in December that have made it difficult for Tehran, the world's third-largest petroleum exporter, to sell its oil, in a bid to cut the flow of revenues suspected of ...
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