Iran Nuclear NewsWestern powers study more Iran sanctions

Western powers study more Iran sanctions

-

ImageReuters: Britain, France, Germany and the United States are considering imposing additional sanctions on Iran over its nuclear work, possibly in the energy, reinsurance or financial sectors, a senior British official said on Friday.

By Adrian Croft

ImageLONDON (Reuters) – Britain, France, Germany and the United States are considering imposing additional sanctions on Iran over its nuclear work, possibly in the energy, reinsurance or financial sectors, a senior British official said on Friday.

These are beyond measures already taken by the United Nations Security Council and beyond steps likely to be considered in a possible next round of U.N. sanctions, the official, speaking to reporters on condition of anonymity, said.

"We are at a fairly early stage of this but … there are areas of the Iranian economy that are vulnerable to targeted sanctions — whether they be in the LNG (liquefied natural gas) sector, investment in the oil and gas sector, imported refined products, reinsurance, other financial areas — which are areas we would look at if we are looking to increase the pressure on the Iranian leadership," the official said.

He said the countries discussing imposing additional sanctions were Britain, France, the United States and Germany, and primarily the first three of those countries.

There were "a number of other countries that we would want to involve in those discussions as we go forward," he said, without naming them.

Britain, China, France, Germany, Russia and the United States have been leading diplomatic efforts to persuade Iran to freeze nuclear enrichment.

Western powers fear Tehran wants to build an atomic bomb. Iran says it is only seeking to master nuclear technology to generate electricity.

RUSSIA SAYS NO FIRM DEAL

The United States and Britain said on Wednesday the six major powers had agreed to consider more U.N. sanctions against Iran after Tehran failed to freeze its nuclear activities, but Russia said there was no firm deal.

The U.N. Security Council has previously passed three sanctions resolutions against Iran.

However, the British official said he had "no illusions that it will be difficult, as it was last time, to actually agree the text of some tough sanctions in the Security Council."

Middle East experts predict negotiations on a new sanctions resolution will be lengthy as veto-wielding council members Russia and China seek to balance their growing frustration with Iran with major commercial interests in the world's fourth biggest oil producer.

Iran's oil and gas industries are seen as off-limits for U.N. sanctions. International tension over Iran's nuclear programme has been one factor that drove up U.S. oil prices to a record $147 a barrel in July.

Iran gave a noncommittal, one-page letter this week to the six powers containing no reply to their offer to refrain from seeking more U.N. penalties if Iran froze expansion of its nuclear work.

Iran promised a "clear response" at an unspecified date.

U.S. Secretary of State Condoleezza Rice said last month the United States would impose more of its own sanctions against Iran, along with European allies, as long as Tehran refused to give up sensitive nuclear work.

"We have said we will continue looking to see how best to apply pressure to the Iranian regime and we will continue to do that," said State Department spokesman Gonzalo Gallegos on Friday.

"We have done it in the past, we will continue to do that now," added Gallegos, who declined to specify when more U.S. sanctions would be imposed and what additional measures Washington was mulling against Tehran.

(Editing by Mary Gabriel)

Latest news

Iran – Conflicting State Policies Deepen Social Crises

The Iranian regime has decided to spend about $800 million to encourage more childbirths in 2022 in an attempt...

NCRI Hosts Conference in France To Address the Need To Hold the Iranian Regime Accountable for Its Crimes

On January 17, the National Council of Resistance of Iran (NCRI) hosted a conference in Auvers-sur-Oise, north of Paris,...

Iran’s Regime Tries To Whitewash Its Crimes

Iran’s State Prisons and Security and Corrective Measures Organization, which is under the supervision of the Judiciary, has distributed...

Iran: Raisi’s Six-Month Economic Record Contrasts Sharply With His 7,000-Page Program

In the summer of 2021, the Iran regime’s supreme leader Ali Khamenei installed the infamous Judiciary Chief Ebrahim Raisi...

Iran’s Export in the Casino of the State Mafia

The Chairman of the Tehran Chamber of Commerce, Mohammad Khansari, has stated that the total volume of exports of...

Will Iraq Get Ever Free of Iran’s Sway?

After many years and massive popular protests, there are indications that Iraq’s body politic has decided to separate its...

Must read

U.S. lawmakers take hard line on prospective Iran deal

(Reuters) - The U.S. senators behind a tough sanctions...

North Korea, Iran trade missile technology: U.N.

Reuters: North Korea and Iran appear to have been...

You might also likeRELATED
Recommended to you