Iran General NewsGeithner, Clinton Say EU Ban on Iran Oil a...

Geithner, Clinton Say EU Ban on Iran Oil a ‘Strong Step’

-

Bloomberg: U.S. Treasury Secretary Timothy F. Geithner and Secretary of State Hillary Clinton said the European Union’s agreement to ban oil imports from Iran and to freeze assets of the Iranian central bank are a “strong step” to “dramatically increase the pressure on Iran” and are consistent with steps the U.S. has taken.

Bloomberg

By Cheyenne Hopkins

U.S. Treasury Secretary Timothy F. Geithner and Secretary of State Hillary Clinton said the European Union’s agreement to ban oil imports from Iran and to freeze assets of the Iranian central bank are a “strong step” to “dramatically increase the pressure on Iran” and are consistent with steps the U.S. has taken.

“Taken in combination with the many other sanctions on Iran that continue to be implemented by the United States and the international community, this new, concerted pressure will sharpen the choice for Iran’s leaders and increase their cost of defiance of basic international obligations,” Geithner and Clinton said in a joint statement today.

Latest news

The Strange Business of Real Estate Agents and Grave Sales in Iran

The state-run Hamshahri newspaper reported on the buying and selling of graves in Iran. The report says that 460 million...

Iran’s Regime Claims Reaching Agreement with Oman, but Strait of Hormuz Will Not Be Reopened

While the Iranian regime seeks to portray its control over the Strait of Hormuz as a sign of power...

Iranian Regime Arms Shipment for Houthis Seized in the Red Sea

Forces of Yemen's internationally recognized government seized an arms shipment sent by the Iranian regime to the Houthi militants...

Iranian Regime Reports Attacks on U.S. Bases in Response to Larak Strike

Following the U.S. attack on IRGC positions on Larak Island, which killed and wounded several IRGC personnel and local...

U.S. Attacks IRGC Positions on Larak Island

Reports indicate that U.S. forces attacked two launch platforms belonging to Iran's Islamic Revolutionary Guard Corps (IRGC) on Larak...

Behind The $6 Billion Preferential Currency Allocation Scandal In Iran’s Auto Assembly Industry

News about the allocation of a large share of the automotive industry's government-supplied foreign currency to assembly companies has...

Must read

U.S. sees no significant improvement in Iran’s overall human rights situation

U.S. Mission in Geneva: While Iran has begun to shift...

You might also likeRELATED
Recommended to you