US PASSES IRAN SANCTIONS

02 Dec, 2011

The US Senate passes Iranian central bank sanctions

 

Sanctions which look to ban foreign companies from doing business with Iran’s central bank have been passed, unanimously, by the US Senate.

 

The move targets the Iranian oil industry, and the approval was issued following a 100 to nil vote. The next and final step for the move is for it to be approved by the House and President.

 

This is the latest in a strong of events related to Iran this week. EU sanctions were issued this week, while scores of Iranian student protestors attacked the UK embassy and diplomats at London’s Iranian embassy were told they must leave the UK by today (Friday 2nd Dec.).

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