U.S. imposes new sanctions against Iran

U.S. imposes new sanctions against Iran

PanARMENIAN.Net - The United States has hit Iran's Revolutionary Guard and its state-owned shipping lines with new sanctions.

The U.S. Treasury Department announced it was barring five entities from dealing with the United States for their connections with the Guard and the Islamic Republic of Iran Shipping Lines. Those targeted include two banks, two financial companies and the executive director of one of the companies.

The Treasury Department said the Guard and the shipping lines were “major institutional participants in Iran's illicit conduct and in its attempts to evade sanctions.” It also sanctioned Liner Transport Kish for providing material support to Hezbollah, which Western nations consider a terrorist group.

The United Nations imposed a fourth round of sanctions on Iran this year for its refusal to stop enriching uranium. Other world bodies, including the U.S., have imposed additional penalties.

Iran denies that its nuclear program is used for anything but peaceful purposes, VOA News reported.

 Top stories
Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive.
In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million).
The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot".
The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads.
Partner news
---