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U.S. Steps Up Sanctions Against Iran

The Obama administering is accretion U.S. sanctions on Iran over its doubtable nuclear program, hitting added companies and individuals with penalties.The administering said Wednesday the targeted individuals and institutions are allowance Iran to advance its nuclear and missile programs and to balk all-embracing sanctions.The fresh sanctions are a aboriginal footfall in implementing an Iran sanctions resolution anesthetized by the U.N. Security Council aftermost week.The White House said the additions to its sanctions account accommodate Iran's Post Bank for its abutment of nuclear proliferation. That brings to 16 the cardinal of Iranian-owned banks on the U.S. list.The alternation of announcements and aciculate comments by President Mahmoud Ahmadinejad - who said the West charge appear to Iran like a "polite child" in any accessible nuclear talks - could animate calls for added bread-and-butter burden adjoin the Islamic Republic.European Union adopted ministers agreed beforehand this anniversary to accede tighter sanctions for Iran's abnegation to arrest uranium enrichment. U.S. assembly additionally could columnist for added embargoes afterwards aftermost week's U.N. Security Council sanctions - which were backed by Iranian allies Russia and China.