WASHINGTON (AP) — The U.S. and U.K. on Thursday imposed a new round of sanctions on Iran as concern grows that Tehran’s unprecedented attack on Israel could fuel a wider war in the Middle East.
The sanctions are meant to hold Iran accountable for its weekend attack and to deter further such activity. But the practical impact is likely to be limited because many of the targeted companies already were subject to U.S. sanctions and the individuals singled out for new sanctions are unlikely to have assets in U.S. jurisdictions.
Treasury’s Office of Foreign Assets Control targeted 16 people and two entities in Iran that produce engines that power the drones used in the April 13 attack on Israel. OFAC also sanctioned five firms involved in steel production and three subsidiaries of Iranian automaker Bahman Group — which is accused of materially supporting Iran’s military and other sanctioned groups. A representative from Bahman was not immediately available for comment.
Staff and shoppers return to 'somber' Sydney shopping mall 6 days after mass stabbings
Elements of 'Rabbit' to Mark Chinese New Year
Mask Mandate Dropped for School Campuses
Packers could still look to upgrade secondary in NFL draft even after adding Xavier McKinney
China Focus: Martial Arts Growing in Popularity Among Young Chinese
China Encourages Integrating Intangible Cultural Heritage, Tourism
Tibetan New Year Marked with Joy and Hope
Brazil's president creates two new Indigenous territories, bringing total in his term to 10
Farmers in NW China's Qinghai Celebrate Start of Spring Farming