IRAN
EU Court Annuls Sanctions Against Iranian Banks
The EU’s General Court on 5 February ruled to annul the sanctions imposed by the EU governments against one of Iran’s largest bank, Bank Saderat, following up on a similar judgment to lift sanctions on Bank Mellat on 29 January. The latest ruling coincides with the coming into effect on 6 February of new US sanctions intended to further restrict Iran’s oil revenues overseas (see...
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