
Britain is for the first time spelling out details of a fresh raft of sanctions that it wants to see imposed on Iran by the E.U., amid signs that international diplomacy over Iran’s nuclear program will be stalled until the end of this year, The Financial Times reported Monday, October 1. As Iran continues to struggle with a currency crisis triggered by international sanctions, the British, French and German governments are pressing for a new package of measures to be agreed by the E.U., possibly within two weeks. Over the last 12 months, the U.S. and E.U. have implemented the most substantial raft of sanctions on Iran so far, blocking the export of Iranian oil to western states and severely restricting banking transactions. The new sanctions being put forward would cover four areas, according to diplomats: finance, trade, energy and transport.