Tags: Sanctions

European Union governments are expected to agree later on Thursday to put the National Iranian Tanker Company (NITC), Iran's biggest tanker company, back on a list of sanctioned firms, EU diplomats said.

The European Union has imposed sanctions on the organizers of rebel elections in eastern Ukraine this month, the bloc said on Saturday, hitting the separatists and their organizations with asset freezes and travel bans.

Iranian officials say they can turn to Beijing and Moscow if talks in Vienna fail to end Western sanctions, but with oil prices falling, China's economy slowing and Russia in its own sanctions-induced slump, Tehran's "plan B" hardly looks ideal.