Iran sanctions Iran sanctions

People walk at the old main bazaar in Tehran, Iran, last month. The strained Iranian economy is bracing for the impact of new U.S. sanctions that went into effect Tuesday. Ebrahim Noroozi/AP hide caption

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Ebrahim Noroozi/AP

The sun sets behind an oil pump in the desert oil fields of Sakhir, Bahrain. OPEC nations agreed to reduce their production, but energy experts say that renewed U.S. sanctions on Iran could derail their supply cut deal. Hasan Jamali/AP hide caption

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Hasan Jamali/AP