Iran Defiant as UN Sanctions Snap Back Into Force

Iran has slammed what it called "failed diplomacy" after a last-minute diplomatic push failed to stop the United Nations from officially reimposing sanctions on Tehran over its nuclear program. Britain, France, and Germany -- the European 3 (E3) forces leading the move -- announced that the so-called snapback sanctions had been reimposed on Iran as of September 28. Iran is already reeling under the weight of sanctions from the United States, and the rial, Iran's currency, immediately fell to a record low 1.12 million rials against the dollar. The…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com