Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
National

US announces new Iran-related sanctions targeting 16 people, 10 entities

Washington DC: The United States has announced new Iran-related sanctions targeting 16 individuals and 10 entities, with the US Treasury Department saying the measures aim to disrupt Tehran's alleged international financial networks, shadow banking operations and channels used to finance its military and regional proxy groups.

The sanctions were announced on Thursday (local time) as Washington continues to tighten economic pressure on Tehran amid a continuing standoff between the two countries and disruptions in the Strait of Hormuz.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.