U.S. Treasury Imposes New Sanctions on Iran-Linked Entities

The U.S. Treasury Department on 3 July announced a fresh round of Iran-related sanctions, according to notices published on the department’s website. The measures, administered by the Office of Foreign Assets Control, add a number of individuals, companies and vessels linked to Tehran to Washington’s blacklist. Treasury did not immediately release further details on the names or sectors affected. The action extends the United States’ existing economic pressure campaign against Iran and takes effect upon publication.