Sonangol of Angola withdraws from Iran gas project

Iran’s refusal to curb sensitive atomic activities which can have both civilian and military purposes and its record of years of nuclear secrecy have drawn increasingly tough U.N. and separate U.S. and European measures.

The United States has imposed new financial sanctions since the beginning of this year to pressure Tehran and the European Union has followed suit by imposing sanctions on oil imports from Iran, which will come into effect on July 1.

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