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U.S imposes new Sanctions on Iran

Asian News Hub by Asian News Hub
January 6, 2021
in International
Reading Time: 1 min read
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Tehran, Jan 06: On Tuesday, the Trump administration slapped new sanctions on Iran, continuing to ramp up the “maximum pressure campaign” in its final days. The new measures target Iran’s metal and steel sectors.

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The Treasury Department blacklisted 12 Iranian producers of steel and other metals, as well as a Chinese firm the US accused of facilitating the Iranian production of metals.

Also on Tuesday, the US Justice Department announced that it seized $7 million of Iranian funds that will be “allocated to provide compensation to American victims of international state-sponsored terrorism.”

While Iran is listed as a state sponsor of terror by the US, no terror attacks on US citizens in recent history could be tied to Tehran.

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