US President Barack Obama has ordered new economic sanctions against Iran’s energy sector and some financial firms to make it harder for Iran to evade existing sanctions. The sanctions come amid concern over Iran’s nuclear program, which Iran had denied and that it is developing weapons. Obama’s executive order comes just as the US Congress prepares to vote this week on new legislation imposing even stricter sanctions on Iran, making it appear as an effort by the White House to show it is being just as tough on Iran. Tehran has been attempting to diversify the way it gets paid for oil sales, including by using gold and barter.
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