EU Strikes Back to Protect EU-Iran Businesses From US Sanctions

The European Commission (EC) will reactivate the “blocking statue” that bans companies and courts within the European Union (EU) bloc to abide by the U.S. sanctions on Iran. The blocking statute was designed in 1996 to defend EU countries from the US trade embargo on Cuba. As Euro News explains, “The measure prevents firms from … Continue reading EU Strikes Back to Protect EU-Iran Businesses From US Sanctions