The EU has approved one of the toughest sets of sanctions yet on Iran’s nuclear program. It includes banning the import of Iranian natural gas into union nations.
The sanctions also include a ban on financial transactions between European and Iranian banks, with some exceptions for those involving humanitarian aid, food and medicine purchases.
The decision was made during Monday’s meeting of EU foreign ministers in Luxembourg.
“The [EU] Council has agreed additional restrictive measures in the financial, trade, energy and transport sectors, as well as additional designations, notably of entities active in the oil and gas industry,” a written statement issued by the European Union council said.