We use cookies to customise content for your subscription and for analytics. If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
June 28, 2012 marked the day on which President Obama may begin imposing sanctions under the National Defense Authorization Act of 2012 (“NDAA”) on foreign financial institutions that knowingly finance or otherwise facilitate petroleum-related transactions with Iran
President Obama recently determined that there is a sufficient supply of petroleum products in world markets to allow countries to reduce their petroleum imports from Iran significantly
Earlier this week, the United States (U.S.) took a series of steps signaling that it finally has begun to enforce the most controversial extraterritorial aspects of U.S. economic sanctions against Iran
