KCSM Newsline July 29, 2010
the united states followed up by announcing its own sanctions earlier this month, including a ban on the export of petroleum products. the eu decided this week to ban new investment in iran's energy sector. japan, which imports crude oil from iran, had been wary of imposing its own punishments. but the government apparently felt the need to show solidarity with the u.s. and eu following the latest u.n. resolution. japan's new sanctions will likely include tighter monitoring of financial transactions with iran and targeting more businesses for an asset freeze. a draft of the new penal...