Bank Of Baku

US Senate Banking Committee adopts tough new Iran sanctions

US Senate Banking Committee adopts tough new Iran sanctions
# 03 February 2012 10:27 (UTC +04:00)
Baku. Konul Jafarli - APA. The US Senate Banking Committee has endorsed a new package of sanctions against Iran, targeting the country’s energy sector and the Islamic Revolution Guards Corps (IRGC).

The law targets Iran’s national oil and tanker firms, authorizing the US government to sanction foreign companies that buy oil from the National Iranian Oil Company (NIOC) or have oil shipped by the National Iranian Tanker Company (NITC).
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