View Single Post
Old 05-21-2012, 05:02 PM  
Timsb
Confirmed User
 
Industry Role:
Join Date: May 2012
Location: Gainesville, Florida
Posts: 136
U.S. Senate approves new Iran sanctions bill

WASHINGTON (Reuters) - The U.S. Senate gave unanimous approval on Monday to a package of new economic sanctions on Iran's oil just days ahead of a meeting between major world powers and Tehran.

The West suspects Iran is working to build a nuclear bomb and the sanctions are meant to strip Tehran of revenue by shutting down financial deals with Iran's powerful state oil and tanker enterprises. Iran has said its nuclear program is for civilian purposes.

(Reporting by Roberta Rampton and Susan Cornwell; Editing by Bill Trott)
__________________
Timsb is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote