Economics
Rouhani Urges Obama to Block Iran Sanctions Law Extension
- Trump election has boosted U.S. opponents of nuclear accord
- Majority of Iran’s parliament call for reciprocal action
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Iran urged Barack Obama to block a law that would extend the U.S. president’s authority to impose sanctions on the Islamic Republic, calling it a violation of the Iranian nuclear deal.
On Thursday, the Senate voted 99-0 to extend the Iran Sanctions Act, which authorizes a president to prevent investment in Iran’s energy sector and other sensitive industries. While Obama has waived most sanctions under the nuclear accord, congressional leaders said keeping them in reserve provides valuable leverage against Iran. White House spokesman Eric Schultz said the bill won’t interfere with the U.S.-led nuclear agreement and he expected the president to sign it.