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More news from Reuters

White House: Iran sanctions not aimed at oil markets

Thu, 2 Feb 2012 19:26 GMT

Source: reuters // Reuters

WASHINGTON, Feb 2 (Reuters) - The White House said on Thursday the Iran sanctions proposed by Congress and signed by President Barack Obama should be enforced in a way that does not hurt the United States' allies or disrupt oil markets.

"We want to make sure that the implementation of those sanctions is handled in a way that does not inadvertently do any harm to our allies or to the oil markets," White House spokesman Jay Carney told reporters.

"We believe there is a way to implement them appropriately that achieves the goal that those sanctions have, which is to further isolate and pressure Iran," Carney said. (Reporting By Jeff Mason and Laura MacInnis; Editing by Vicki Allen)

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