EU maintains iron grip on Iranian shipping

32 Iranian carriers and one bank were placed back on the EU's sanction list on Wednesday in order to maintain pressure on Iran ahead of a final agreement concerning the country's nuclear program before June 30th.

Photo: Stoc Tankers

On Wednesday the EU reimplemented sanctions against an Iranian bank and 31 Iranian shipping companies by utilizing a new legal basis after the EU court in January this year canceled sanctions against Bank Tejara and 40 carriers, reports news agency Reuters.

The decision comes just a few days after Iran and six other nations over Easter, and led by the US, reached agreement on a deal to monitor and control Iran's nuclear program - an agreement that will now be negotiated and finalized before the end of June.

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