US hits more foreign firms with Iran sanctions (AP) – 1673th Edition

24 05 2011

International Atomic Energy Agency (IAEA) Director General Yukiya Amano attends the Fifth Review Meeting of the Contracting Parties to the Convention on Nuclear Safety at the United Nations headquarters in Vienna April 4, 2011. REUTERS/Herwig Prammer/FilesAP – The Obama administration on Tuesday hit seven foreign companies, including Venezuela’s state-owned oil company and an Israeli shipping firm, with sanctions for doing business with Iran that helps fund its nuclear program. At the same time, the administration imposed separate sanctions on more than 15 people and companies in China, Iran, North Korea, Syria and elsewhere for illicit trading in missile technology and weapons of mass destruction.

By us.rd.yahoo.com
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