Iran looks to Europe as US reimposes sanctions

The UK, France and Germany say they deeply regret the move that will target Iran's oil, shipping and banking sectors.

by

    The European Union has come up with a mechanism to facilitate payments for exports from Iran and offset the effects of US sanctions, reimposed on Monday.

    But some experts warn it may not be enough to persuade large companies to continue operating in Iran.

    Al Jazeera's Natacha Butler reports from Paris.


    YOU MIGHT ALSO LIKE

    'We were forced out by the government soldiers'

    'We were forced out by the government soldiers'

    We dialled more than 35,000 random phone numbers to paint an accurate picture of displacement across South Sudan.

    Interactive: Plundering Cambodia's forests

    Interactive: Plundering Cambodia's forests

    Meet the man on a mission to take down Cambodia's timber tycoons and expose a rampant illegal cross-border trade.

    Pakistan's tribal areas: 'Neither faith nor union found'

    Pakistan's tribal areas: 'Neither faith nor union found'

    Residents of long-neglected northwestern tribal belt say incorporation into Pakistan has left them in a vacuum.