Economics

Lawmakers in U.S. Push for More Iran Sanctions

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Republicans in the U.S. Congress stepped up calls for new Iran sanctionsBloomberg Terminal after negotiators extended nuclear talks until July, ensuring an uphill fight next year against opposition from some Democrats and a threatened presidential veto.

The American lawmakers were urged to act yesterday by Israeli Prime Minister Benjamin Netanyahu, who said the failure to reach a deal “gives an opportunity to continue the economic pressures that have proven to be the only thing that brought Iran to the table, to continue them, to toughen them.”