Trump’s latest wave of Iran sanctions: Which 60 entities are targeted?
Summary
The United States has imposed new economic sanctions targeting almost 60 people and companies linked to Iran’s nuclear, missile, and cyber programs. The sanctions aim to cut off Iran’s oil revenue and other economic resources amid the ongoing conflict involving the US and Israel.Key Facts
- The US Treasury announced sanctions on nearly 60 entities involved in Iran’s oil, weapons, and cyber networks.
- The sanctions focus on sectors including digital assets, technology, gold, aviation, and shipping.
- Entities targeted are located in the Middle East, China, Singapore, Europe, and Iran itself.
- The sanctions include Iranian government ministries like the Ministry of Intelligence and Ministry of Defense.
- Some Hong Kong-based companies were sanctioned for helping Iran obtain sensitive technology.
- The US calls the sanctions campaign an effort to isolate Iran economically until it stands “alone.”
- Iran’s Economy Minister dismissed the sanctions, saying they would not work due to Iran’s countermeasures.
- The US accuses Iran of using front companies and secret financial routes to evade export controls.
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