From US Treasury issues fresh Iran-related sanctions
Add ToI as a Preferred Source on GoogleThe US Treasury Department imposes new Iran-related sanctions on individuals, several entities and tankers, hours after President Donald Trump laid out his case for a possible attack in his State of the Union speech to Congress.
The Treasury’s Office of Foreign Assets Control sanctions over 30 individuals, entities and vessels it says enable illicit Iranian petroleum sales and Iran’s ballistic missile and advanced conventional weapons production.
OFAC also targets multiple networks that enable Iran’s Islamic Revolutionary Guard Corps and Ministry of Defense and Armed Forces Logistics to secure the precursor materials and machinery required for ballistic missile and other weapons production, the Treasury says.
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