U.S. Slaps New Oil Sanctions On Iran Amid Stalled Nuclear Negotiations ...Middle East

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U.S. Slaps New Oil Sanctions On Iran Amid Stalled Nuclear Negotiations
The U.S. Department of Treasury this week imposed more oil and petrochemical industry sanctions on Iran amid stalled nuclear negotiations. "While the United States is committed to achieving an agreement with Iran that seeks a mutual return to compliance with the Joint Comprehensive Plan of Action, we will continue to use all our authorities to enforce sanctions on the sale of Iranian petroleum and petrochemicals," said Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian Nelson. In a news release, the Treasury said it…

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