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Hitting Tehran where it hurts the pocket book European Union agreeing to an oil embargo against Iran Monday.
-- freezing assets of Toronto Central Bank.
I think this shows the resolve of the European Union on this issue and of the international community.
It is absolutely right to do this and view of Iran's continued breach of UN Security Council resolutions and refusal to come to meaningful negotiations.
On the nuclear program you're joining the US and applying pressure on Iran.
Obama signed the bill -- December 31 tightening sanctions.
By denying access to US financial system to any foreign banks that conducts business with the central bank of Iran by trying to stop them from becoming nuclear capable.
You know we are they're pointed to stabilize the oil markets which will have a significant impact on the global economy -- diplomats describing the move -- a twin track approach.
Increasing sanctions to discourage what many -- suspect may be Iran's pursuit of nuclear weapons and also emphasizing the international in his willingness to talk things out.
The pressure of sanctions.
It's designed to try and make shall -- -- take seriously.
Our request to come to the table on me but the most -- an angry response from Tehran.
A senior Iranian officials saying the Strait of Hormuz will definitely be closed but when he percent of the world's oil passes through with the strategic waterway.
On Sunday the US Britain and France sent a collection of military warships through the -- sending a message to the Islamic republic.
European Union foreign ministers agreed to delay fully implementing the sanctions until July 1.
To allow struggling countries in Europe like Greece which relies heavily on Iranian crude to find other sources and London Greg Palkot Fox News.
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