Anti-Iran sanctions list move

By Vahe Petrossian

 23 March 2012 01:21 GMT

The US has started moving on its latest anti-Iran sanctions drive by indicating which countries might be liable to US penalties for ignoring US law on their dealings with Iran.

How quickly the US will act against uncooperative countries is not yet clear.

China and India, two of Iran’s leading crude customers, were this week left off the US list of cooperative countries.

However, the two countries face other difficulties which have affected their trade with Iran.

Japan and 10 leading European Union countries were exempted from possible US sanctions because Washington decided they were making genuine efforts to break their links with Iran despite continued oil purchases.

The EU has a ban on Iranian crude imports effective from July — Japan is cutting its…

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