Popular Iran Sanctions Bill Unlikely to See Passage This Year, Say Analysts

By Colby Adams

The U.S. Senate won't consider an Iran sanctions bill overwhelmingly approved by the U.S. House of Representatives Tuesday until a negotiation deadline set by the Obama administration expires, say analysts. On Tuesday, the House passed the Iran Refined Petroleum Sanctions Act with over 400 votes, paving the way for senatorial debate on the measure, which would impose a financial blockade on the Central Bank of Iran for allegedly financing nuclear proliferation. The bill would also blacklist contractors tied to the Islamic Republic's energy sector. Lawmakers are likely to pass the bill next year, as the White House pushes for strong...