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US’s first round of sanctions on Iran goes into effect

The first round of the U.S. pre-nuclear deal sanctions on Iran, largely targeting the country’s banking sector, went into effect on Tuesday. The economic penalties, which will be rigorously enforced, officially went into effect at one minute after midnight Washington time (0401GMT)...

Iran cool on talks as U.S. sanctions target economy

U.S. President Donald Trump’s top security adviser Monday urged Iran to take up an offer of talks with the United States or suffer more pain from economic sanctions, but Iran’s president said Washington needed first to prove it can be trusted. Hours before revived U.S. sanctions...