BREAKING NEWS

Netanyahu: EU sanctions on Iran 'a step in right direction'

By GIL STERN STERN HOFFMAN

JANUARY 23, 2012 15:11

Prime Minister Binyamin Netanyahu described new sanctions announced by the European Union against Iran on Monday as "a step in the right direction."

"We do not know what the result of the sanctions will be," he said, adding that "there must be intense pressure on Iran."

The sanctions will be judged by their results, he explained.

The European Union on Monday approved an oil embargo and economic sanctions on Iran's energy sector and central bank.

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