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EU Imposes More Sanctions Against Iran

European Union members approved new sanctions against Iran on Monday, including asset freeze of the country’s biggest bank.

The Bank of Melli is suspected of providing services to Iran’s nuclear and ballistic missile programs and was blacklisted by the United States last year.

The 27-nation bloc said it will also announce Tuesday additional financial and travel sanctions – effective immediately – on several Iranian companies and “senior experts” linked to Tehran’s nuclear program.

The EU is also studying sanctions against Iran’s oil and gas sector – but such a step would probably take several months to implement, diplomats say.

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