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Source: http://www.nytimes.com/2010/07/20/world/middleeast/20sanction.html
Europe Considers New Sanctions for Iran
(New York Times) Stephen Castle - The European Union is considering tough new sanctions against Iran to protest its nuclear program, including banning investment in the oil and gas sector and tightening restrictions on shipping and finance. Senior European diplomats will discuss the proposed sanctions on Thursday. If approved, they are likely to represent a significant tightening of Europe's economic pressure on Tehran.