White House delays imposing new sanctions on Iran: WSJ

U.S. President Obama gestures as he holds his end of the year news conference at the White House in WashingtonThe White House has delayed imposing new financial sanctions on Iran over its ballistic-missile program, The Wall Street Journal reported on Thursday. On Wednesday, the Journal, citing U.S. officials, said the Obama administration was preparing to sanction nearly a dozen companies and individuals in Iran, Hong Kong and the United Arab Emirates for their role in developing Iran's ballistic-missile program. The U.S. sanctions were expected to be formally announced this week, the newspaper said.

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