Treasury announces new sanctions to curtail Irania
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The U.S. Department of the Treasury's Office of Foreign Assets Control said Friday it will be imposing sanctions on 14 individuals as well as 17 companies who have been supporting Iranian nuclear efforts. These entities were found to be connected to Iran's Organization of Defensive Innovation and Research, or SPND, which the Treasury reported contributes directly to these efforts. "The United States will continue applying maximum pressure to the Iranian regime, using all economic tools to prevent Iran from developing weapons of mass destruction. Anyone considering dealing with the Iranian defense industry in general, and SPND in particular, risks professional, personal, and financial isolation," said Treasury Secretary Steven Mnuchin in a statement.
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