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March 20th, 2012 
FAKE NEWS for the Zionist agenda “So far this financial year 84 British companies have been found to have breached the strict sanctions regime which controls how firms can do business with Iran,” The Telegraph reported on Monday.
This is while, according to official figures published by HM Revenue and Customs, the number of firms circumventing UK sanctions against Iran stood at 40 in 2008/2009 and then rose to 64 and 65 cases in the following two years.
UK Treasury Minister David Gauke claimed in an address to lawmakers in the House of Commons that the increase in breaches was “attributable to the increase in scope” of goods covered by the sanctions.
The United States, Israel and some of their allies accuse Tehran of pursuing military objectives in its nuclear energy program and have used this pretext to push for four rounds of UN sanctions and a series of unilateral sanctions against the Islamic Republic.
On New Year’s Eve, the US imposed new harsher sanctions against Iran aimed at preventing other countries from importing Iranian oil and conducting transactions with its central bank.
European Union (EU) foreign ministers also approved sanctions against Iran’s oil and financial sectors on January 23, including a ban on Iranian oil imports, a freeze on the assets of the country’s central bank within EU states, and a ban on selling grains, diamonds, gold, and other precious metals to Tehran.
Despite tightening sanctions, some analysts have noted that Iran is still able to skirt the sanctions in a few ways. The country, they say, may exchange oil for cash, gold or other commodities directly. Also, Iranian banks that have not been targeted by the EU sanctions can still sell oil.
“Throughout the history of the oil trade, someone always gets around trade embargoes one way or another,” said Jim Ritterbusch, a veteran oil trader and analyst.
Iran has repeatedly refuted the Western allegations regarding its nuclear energy program, arguing that as a signatory to the nuclear Non-Proliferation Treaty and a member of the International Atomic Energy Agency, it is entitled to develop and acquire nuclear technology for peaceful purposes.
HMV/AZ/IS
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