Reuters: Politics: Key lawmakers ink deal on new Iran sanctions

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Key lawmakers ink deal on new Iran sanctions Jul 31st 2012, 00:50 Tweet Share this Email Print Related News House leader says new Iran sanctions could pass next week Thu, Jul 26 2012 War and debt: Commodities trading houses cash in Wed, Jul 25 2012 Clinton sees U.S., Israel in lockstep on Iran Mon, Jul 16 2012 Oil higher on stimulus hopes, Iran tensions Mon, Jul 16 2012 U.S. cracks down on Iran's oil tanker company, exposes fronts Thu, Jul 12 2012 Analysis & Opinion Essential reading: Democrats aren't all on same page on Bush-era tax cuts, and more Iran air strike bets on the rise Ships are seen as goods are unloaded at the port in Deira, February 27, 2012. Credit: Reuters/Ashraf Abu Omar WASHINGTON | Mon Jul 30, 2012 8:50pm EDT WASHINGTON (Reuters) - Lawmakers are a step closer to finalizing new sanctions aimed at further restricting Iran's oil revenues after negotiators from the Senate and House of Representatives agreed upon a compromise bill on Monday. If passed, the sanctions will add additional pressure on top of penalties imposed by the United States and European Union earlier this year on countries that fail to slash purchases of Iranian oil - sanctions the West hopes will prevent Tehran from building nuclear weapons. Senate and House leaders have said they would like to pass the sanctions by the end of the week, when lawmakers are slated to leave for an extended recess. Votes have not yet been scheduled. (Reporting by Roberta Rampton; editing by Todd Eastham) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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