U.S. warns governments, bankers Iran sanctions still in place

Money changer displays U.S. and Iranian banknotes at the Grand Bazaar in central Tehran

LONDON/WASHINGTON (Reuters) – The Obama administration has privately reminded foreign governments and U.S. bankers that sanctions against Iran remain in effect, cautioning against a rush by Western companies to invest in Iran’s oil industry and other businesses until the country fully complies with the July nuclear agreement.

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