U.S., IRAN SANCTIONS UP
BLOOMBERG - The U.S. placed new sanctions on Iran, and a top American official signaled more measures are coming while deflecting questions about French diplomatic efforts meant to help Tehran restart oil sales.
Brian Hook, the U.S. special envoy for Iran, said Wednesday that the U.S. will "continue to drive up the costs" for Tehran's efforts to develop ballistic missiles and take other actions soon after the Treasury Department imposed new restrictions on a shipping network controlled by Iran's Islamic Revolutionary Guard Corps.
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