UPDATED 5:22 AM EST, November 9, 2012
WASHINGTON (AP) — Officials say lawmakers are working on new sanctions to prevent Iran from doing business with much of the world.
One congressional aide says the bipartisan financial and trade restrictions amount to a "complete sanctions regime."
The new sanctions could put the Obama administration in a difficult position with allies who are still trading with Iran but whom the U.S. needs if it is to secure a peaceful solution to the Iran nuclear standoff.
