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The Big Picture - Iran Sanctions Kick In

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The Trump administration has said it is confident that "the toughest ever" sanctions against Iran which came into force on Monday will have the intended effect of altering the Iranian regime's behaviour, even as it dodged a question on whether the US has firm commitments from India and China to stop all oil purchases from Tehran within six months. The sanctions cover Iran's banking and energy sectors and reinstate penalties for countries and companies in Europe, Asia and elsewhere that do not halt Iranian oil imports. India and China -- the two biggest buyers of Iranian crude, have appeared to...
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