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 scoured for days without sleeping, just clothes on our backs'

    'We scoured for days without sleeping, just clothes on our backs'

    The Philippines’ Typhoon Haiyan was the strongest storm ever to make landfall. Five years on, we revisit this story.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    Unification: Saladin and the Fall of Jerusalem

    Unification: Saladin and the Fall of Jerusalem

    We explore how Salah Ed-Din unified the Muslim states and recaptured the holy city of Jerusalem from the crusaders.