The U.S. government Thursday added 20 Iranian banks to its Specially Designated Nationals list as part of a sanctions package that blacklisted over 30 additional energy companies, shipping vessels and individuals. The 20 banks named by the U.S. Treasury Department were already subject to sanctions under an executive order issued by the Obama administration in February, a department spokesman said. The February order instructed American banks to block all property and interest of any Iranian financial institution, including the Central Bank of Iran. The newly named institutions include Parsian Bank, Bank-E Shahr, Dey Bank, Iran Zamin Bank, Credit Institution for...
Lawmakers should press ahead with Iran sanctions bills despite pressure to put off new restrictions while American and Iranian officials hold nuclear talks, according to David Ibsen, executive director of United Against Nuclear Iran.
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