NIOC Hit With US Sanctions As EU Looks At Further Measures
By Theodore Sakiris
The US has imposed sanctions on the National Iranian Oil Company (NIOC), while some EU members are also pushing to place further restrictions on the country.
Tehran has denied that there is a link between its state oil company and the military, after the US cited this relationship as one of the reasons for slapping sanctions on NIOC. The US Treasury expanded its...