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    HomeAmericaUS Treasury issues fresh Iran-related sanctions

    US Treasury issues fresh Iran-related sanctions

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    WASHINGTON Feb ‌25 (Reuters) - The U.S. Treasury ​Department on Wednesday imposed 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.

    Treasury's Office of ⁠Foreign Assets Control sanctioned over 30 individuals, entities and vessels it said enabled illicit Iranian ‌petroleum sales and Iran's ballistic ⁠missile and advanced conventional ‌weapons production.

    OFAC also ​targeted 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, Treasury ​said.

    (Reporting by ‌Patricia Zengerle; Additional reporting by Bhargav ⁠Acharya in Toronto; ​Editing by Daphne Psaledakis ​and Chizu Nomiyama )

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