The designations target Iran's two largest domestic automakers, three rail companies, and foreign suppliers in Indonesia, the UAE, Turkey, and Hong Kong
By Timothy Gardner WASHINGTON, Oct 1 (Reuters) - The Trump administration on Thursday imposed fresh sanctions on Iran, targeting its rail and automotive conglomerates and international suppliers to the sectors, the Treasury Department said, in the latest US push to isolate Tehran economically.
By Timothy Gardner WASHINGTON, Oct 1 (Reuters) - The Trump administration imposed sanctions on Iran's rail and auto sectors and their foreign suppliers, the Treasury Department said on Thursday, widening its wartime economic campaign to isolate Tehran.
The Treasury Department sanctioned Iranian auto and rail industries on Thursday, the latest salvo in its economic campaign against the Islamic Republic. The Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the entirety of those industries — going after automobile, train and manufacturin…
The Treasury Department announced on Thursday afternoon new sanctions levied against Iran’s leading automotive and railway companies in response to the Islamic Revolutionary Guard Corps’ use of both to evade the U.S. naval blockade.
