US House panel backs stiff new Iran sanctions

US House panel backs stiff new Iran sanctions
Washington (AFP) May 22, 2013 - Iran could face tightened sanctions within months after a US congressional panel Wednesday adopted a measure targeting the nation's auto and mining industries as well as its foreign currency reserves. The House Foreign Affairs Committee unanimously passed the Nuclear Iran Prevention Act, which would extend existing sanctions to the auto and mining sectors and allow the US president to subjec ... morehttp://www.spacewar.com/reports/US_House_panel_backs_stiff_new_Iran_sanctions_999.html