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[la_vie_noire]

U.S. Senate Passes Iran Oil Sanctions as EU Blacklist Grows.

The Senate bill, passed unanimously yesterday, would give the president the power starting July 1 to bar foreign financial institutions that do business with Iran’s central bank from having correspondent bank accounts in the U.S. If enacted, it could be much harder for foreign companies to pay for oil imports from Iran, the world’s third-largest crude exporter. The Obama administration opposes the legislation.

Iran faces tightening web of sanctions.

A tightening web of sanctions is squeezing Iran’s economy and placing a new burden
on foreign firms wary of incurring hefty fines for violating the complex regulations.

The European Union added 180 people and entities to its Iran sanctions list on Thursday and laid out plans for a possible embargo of Iranian oil in response to mounting concerns over the Opec producer’s nuclear programme.

Sanctions have had an impact on Iran’s economy, experts say, but they have not achieved their aim of stopping work that the West suspects is aimed at developing nuclear weapons. Tehran insists its nuclear activities are peaceful.

“The sanctions are certainly having an impact… The latest US sanctions against the oil industry may further squeeze the room for manoeuvre available to Iranian oil customers, notably India and China,” said Alan Fraser, Middle East analyst with security firm AKE.

So. Let me remind you of Irak and it's "massive destruction weapons" that never existed. Let me remind you which countries DO have nuclear programs and develop weapons of war without any international control whatsoever. Yes. USA is the most powerful of them.