Israeli Prime Minister Benjamin Netanyahu will discuss Iran's nuclear program during the Knesset's Foreign Affairs and Defense Committee meeting on Monday, Jan 16.
According to Ynet, the PM is expected to say the sanctions imposed on Iran so far have proved to be inefficient and demand to tougher the sanctions against the Islamic country, including sanction on Iran's Central Bank and oil industry.
The sanctions, broadly aimed at forcing Tehran to shift course on its nuclear program, targeted Iran’s crucial oil sector and required foreign firms to make a choice between doing business with Iran or the United States.
Foreign central banks that deal with the Iranian central bank on oil transactions could also face similar restrictions under the new law, which has sparked fears of damage to U.S. ties with nations like Russia and China.
