Obama, Congress locked in Iran sanctions dispute

Published on NewsOK Modified: January 9, 2014 at 2:17 am •  Published: January 9, 2014
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WASHINGTON (AP) — The Obama administration enters the year locked in a battle with Congress over whether to plow ahead with new economic sanctions against Iran or wait to see if last year's breakthrough nuclear agreement holds.

The new sanctions, widely endorsed by both Republican and Democratic lawmakers, would blacklist several Iranian industrial sectors and threaten banks and companies around the world with being banned from the U.S. market if they help Iran export any more oil. The provisions would only take effect if Tehran violates the interim nuclear deal or lets it expire without a follow-up accord.

The House already approved similar legislation last July and would likely pass the new sanctions by an overwhelming margin. But the Obama administration has succeeded so far in holding off a Senate vote.



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