US Imposes New Sanctions on Iran

The United States has announced new sanctions against Iran after its recent missile test, a move denounced by Tehran which said it would impose its own legal restrictions on American individuals and entities.

In a statement on its website on Friday, the US Treasury said it had added 13 Iranians and 12 companies, some of which are based in Lebanon, the United Arab Emirates and China, to its sanctions list.

“Iran’s continued support for terrorism and development of its ballistic missile programme poses a threat to the region, to our partners worldwide, and to the United States,” said John Smith, acting director of the Treasury’s Office of Foreign Assets Control.

Among those sanctioned were companies, individuals, and brokers the US Treasury said support a trade network run by Iranian businessman Abdollah Asgharzadeh.

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