U.S. to "Relentlessly Enforce" Iran Sanctions

(Bloomberg) Kambiz Foroohar - The Obama administration targeted companies and individuals Thursday for evading international sanctions against Iran and supporting its nuclear program. The Treasury Department said it was freezing assets and banning transactions of entities that attempt to evade the sanctions, including by doing business with the National Iranian Tanker Co., Iran's primary shipper of crude oil. "We will continue relentlessly to enforce our sanctions, even as we explore the possibility of a long-term, comprehensive resolution of our concerns with Iran's nuclear program," said David Cohen, Treasury undersecretary for terrorism and financial intelligence.

2013-12-15 00:00:00

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