New US sanctions against Iran

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned multiple entities and individuals involved in procuring technology and/or materials to support Iran’s ballistic missile program, as well as for acting for or on behalf of, or providing support to, Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF). This action reflects the Trump administration commitment to enforcing sanctions on Iran with respect to its ballistic missile program and “destabilizing activities” in the region and “is fully consistent with the United States’ commitments under the Joint Comprehensive Plan of Action (JCPOA),” said the Treasury.

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