More Sanctions Against Iran As It's Oil Exports Collapse

New Iran Sanctions Target Industry In Bid For Deal Curbing Nuclear Program -- Washington Post

New U.S. sanctions have broadened the front in the West’s escalating economic conflict with Iran, targeting large swaths of the country’s industrial infrastructure even as Iranian leaders are indicating a willingness to resume negotiations on the country’s nuclear program.

With Iran’s economy already reeling from previous sanctions, the new measures passed by Congress and signed by President Obama last week are intended to deliver powerful blows against key industries ranging from shipping and ports-management to the government-controlled news media, congressional officials and economic experts say.

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More News On Iran's Oil Export Collpase

Iran Admits That Oil Sanctions Are Having A Brutal Effect -- Business Insider/AFP
Iran Crude Oil Exports Drop 40 Percent Amid Sanctions, ISNA Says -- Bloomberg Businessweek
Iran oil export revenues down 45 pct since March-ISNA -- Reuters
Iran Oil Minister Admits 40% Oil Exports Drop -- Wall Street Journal
Iran: Oil exports declined by 40% due to sanctions -- Jerusalem Post
EIU: China Purchases 50% of Iran's Crude Exports -- FARS News Agency (Iran)

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