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US sanctions people and firms accused of aiding Iran
The US Treasury issued new sanctions on Wednesday against individuals and entities it says help Iran. Targets include Indian and Turkish firms and people, and two individuals accused of supplying air defense systems. Treasury Secretary Scott Bessent said 'you are either with us or against us.'
Why it matters
The sanctions aim to cut Iran's oil income and pressure companies in third countries to stop trading with it.
Background
The US calls its sanctions drive 'Operation Economic Outcast'. Iran has been at war with the US and Israel since February.
The story so far
- US sanctions people and firms accused of aiding Iran
- Sanctions on Iranian air defense suppliers
Sources
- Middle East Eye ↗Nov 4, 9:40 PM ET
- Middle East Eye ↗Nov 4, 3:47 PM ET
- The Hindu ↗Nov 4, 9:12 PM ET
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