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U.S. Targets Iran With Currency, Auto-Sector Sanctions
The United States on Monday ratcheted up its efforts to isolate Iran, targeting Tehran with currency and auto-sector sanctions.
Tag: iran sanctions
Legislation to Ban Iranian Gov’t Exports Introduced
Sens. John Cornyn (R., Texas) and Mark Kirk (R., Ill.) introduced legislation Wednesday that would impose sanctions upon the government of Iran, according to a press release.
Treasury: Shipping Company Playing Role in Evading Iran Sanctions
The Treasury Department is targeting a shipping company for its alleged connection to a network of front companies that were used to evade Iranian oil sanctions.
Senate Sanctions Bill Would Cut Off Iran’s Access to $100B
A bipartisan group of senators introduced Wednesday legislation that would block Iran’s access to the country’s foreign exchange reserves held in foreign banks, potentially worth up to $100 billion.
Getting to the Greek
Businessman punished for trying to evade Iran sanctions
The United States Treasury Department sanctioned a prominent Greek businessman Thursday for his efforts to help Iran evade Western economic sanctions.
Treasury to Pressure EU on Hezbollah
Official to push for EU designation of Hezbollah as terrorist group, halt transactions with Iran
A top U.S. Treasury Department official promised Congress his department would pressure the European Union to designate Hezbollah as a terrorist organization and to force European banks to stop ongoing transactions with Iran.
Iran Beats Sanctions
Announces $7B in exports of liquid gas products
Iran claims to have exported $7 billion in gas products over the past year to several European nations despite an international regime of economic sanctions aimed at crippling Iran’s lucrative energy sector. The exports come as Europe and the United States have pushed to choke off Tehran’s market access. The ongoing exports, however, indicate that many loopholes continue to exist in the current laws.
Enforce Iran Sanctions Vigorously, Embattled Senator Says
New Jersey Democrat under scrutiny speaks to AIPAC
Sen. Robert Menendez (D., N.J.), coauthor of the strongest Iran sanctions legislation in history, called for increasing sanctions pressure as Iran continues to work toward nuclear capability.
Kerry Talks Turkey
Secretary visits Ankara as Turkey pivots from West
Secretary of State John Kerry’s first overseas trip will bring him to Turkey on Friday, a once-close Western ally that has pivoted from America and Israel toward Iran.
Turkish Tweets Turn Heads
Ambassador to Chad criticizes France, downplays al Qaeda on social media site
A senior Turkish diplomat is facing criticism after publicly declaring that “Al-Qaeda is very different from terror” and for accusing the French of intentionally exaggerating the terrorist threat in Mali.