Economics

Senate Votes to Add Iran Sanctions as White House Objects

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The U.S. Senate approved new economic sanctions on Iran, overriding objections from the White House that the legislation could undercut existing efforts to rein in Iran’s nuclear ambitions.

The Senate voted 94-0 yesterday to impose additional U.S. financial penalties on foreign businesses and banks involved in Iran’s energy, ports, shipping and shipbuilding sectors, and impose sanctions on metals trade with Iran.