EU to Reimpose Iran Sanctions
Had been annulled by a court order
The European Union will re-impose asset freezes on several Iranian companies, annulled this year by court order, even as world powers appear close to a breakthrough deal with Tehran over its contested nuclear program.
EU diplomats said the move was to re-establish sanctions already imposed, rather than increasing pressure on Iran. Any new sanctions could risk scuppering a deal that global powers hope to reach with Iran at talks that start next Wednesday.
President Barack Obama has called on the U.S. Congress not to impose new sanctions on Iran—which the West accuses of developing nuclear weapons technology—while the talks are under way.