EU court upholds Iran sanctions on another NIOC subsidiary

The General Court has rejected another annulment application by a NIOC subsidiary in Joined Cases T-159/13 and T-372/14 HK Intertrade Co Ltd v Council (26 November 2015). A link to the judgment is here.  The Court held that the 3rd of 4 reasons given for the applicant’s listing was sufficient to justify its inclusion in…