U.S. President Barack Obama speaks during a meeting with agriculture and business leaders about the Trans-Pacific Partnership at the Department of Agriculture in Washington October 6, 2015. REUTERS/Kevin Lamarque
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.
The U.S. State Department recently cabled a message, known as a demarche, to embassies around the world to reiterate that sanctions on Iran are still in place, diplomatic and government sources told Reuters on Friday.
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