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Monday, July 16, 2012

Obama Piles New Sanctions Against Iran

Washington - In the latest ratcheting up of pressure on Iran, the administration of U.S. President Barack Obama Thursday imposed new financial sanctions against Iranian and other companies whose operations allegedly support the country's nuclear and ballistic-missile programmes.

The Treasury Department said it was blacklisting 11 companies and several individuals associated with Iran's defence ministry, the Iranian Revolutionary Guard Corps (IRGC), as well as Iran's national shipping line.

It also blacklisted several companies in Hong Kong, Switzerland and Malaysia, as well as the National Iranian Tanker Company (NITC), which the treasury alleged have been used by the national oil company to evade existing sanctions against Iranian oil experts.

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3 comments:

Anonymous said...

I'm sure the mullahs are shaking in their boots over big, bad obama's latest empty threat. What a freaking joke. Complete destruction is the only thing that will stop Iran. Unfortunately, I doubt if we even have the artillery (not to mention the will) to do so because our new dictator is gutting our defenses as fast as he can.

Anonymous said...

Sanctions stopped N. Korea from going nuclear.

Anonymous said...

Obama is pushing Iran into a war...It's the one thing that might get him re elected...