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    Iran hit with new sanctions over IAEA report

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    Al Jazeera English

    by Al Jazeera English

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    Iran has been hit with new sanctions by the United States, Britain, and Canada.

    The latest wave of international sanctions target the nation's banks and the companies comprising its oil and gas industry.

    The move was preceded by a November 8 report from the United Nations' nuclear watchdog group, the International Atomic Energy Agency (IAEA), which stated that Iran had worked on designing an atomic bomb and may still be secretly carrying out related research.

    Al Jazeera's Rosalind Jordan reports from the US Department of State in Washington, DC.