Iran

US Targets Businesses Trying to Evade Iran Sanctions

Why not get rid of the stupid sanctions?

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The Obama administration targeted a host of businesses across Europe and the Middle East on Thursday for evading sanctions against Iran, a signal that Washington aims to keep pressure on Tehran over its nuclear program.

The announcement marks the second time the United States has designated sanctions evaders since reaching an interim deal with Tehran in November.

Washington says it will continue to enforce existing sanctions until there is a more comprehensive deal to prevent Iran from developing nuclear weapons.

"We strongly believe that sustaining sanctions pressure will be critical," a senior US Treasury official told journalists by telephone.