EU reinstates sanctions on Iranian bank and 32 shipping companies | WHAT REALLY HAPPENED

EU reinstates sanctions on Iranian bank and 32 shipping companies

Iranian Bank Tejarat and 32 Iranian shipping companies will be subject to EU sanctions with immediate effect, after measures were thrown out by a European court, Reuters reports.

The EU's second-highest court annulled a EU asset freeze on Bank Tejarat and 40 Iranian shipping companies in January, finding fault with the legal grounds given by the EU. As with previous cases, the EU responded by re-listing the sanctioned Iranian companies, including Hamburg-based Ocean Capital Administration GmbH, on the basis of new legal grounds.

Webmaster's Commentary: 

With Iran insisting that sanctions be lifted when the final deal is signed, this adding of sanctions is designed to derail the deal and open a path to war.

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