China Won't Buy Iran's Oil, But Not Because of Nuclear Weapons
Reuters is out with a report that China is buying up oil from Saudi Arabia and other sources to reduce the amount it depends on Iran as it negotiates prices with Tehran
President Obama approved a new round of sanctions on Iranian oil Friday in what must have been a complicated judgement call that weighed diplomatic strategy against Iran and gas price-related election year politics.
Reuters is out with a report that China is buying up oil from Saudi Arabia and other sources to reduce the amount it depends on Iran as it negotiates prices with Tehran
A new executive order the president just signed puts a hold on all Iranian assets in the United States, including those of the country's central bank, that blocks them from export, transfer, or anything else, as part of a new round of sanctions by the government.
Americans are prohibited from doing business with a major telecommunications firm and a bank
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