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Europe and U.S. Tighten Vise of Sanctions on Iran

• New York Times
The European Union agreed Monday to impose a phased ban on oil purchases from Iran that officials said was needed to help force a shift in policy and avert the risk of military strikes against Tehran, as the United States expanded its sanctions to include the country’s third-largest bank. 

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Comment by Powell Gammill
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http://www.reuters.com/article/2012/01/23/us-nuclear-iran-usa-bank-idUSTRE80M1S820120123


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