(via AFP) | March 25
WASHINGTON — The United States has stepped back from a series of harsh measures against Iran and softened proposed UN sanctions to win the backing of China and Russia, the Wall Street Journal reported Thursday.
The newspaper said proposals that would have effectively closed international airspace and waters to Iranian state-owned air cargo and shipping lines had been scrapped.
The proposed package of sanctions had also been stripped of plans targeting insurance for certain Iranian companies and the sale of Iranian bonds.
