The U.S. on Tuesday targeted people and firms around the globe that it has accused of being financial facilitators or enablers of Iran’s military supply chain, as the Trump administration pushes forward with economic warfare against Tehran at a time when renewed diplomacy between the two countries remains uncertain.
The latest action by the Treasury Department is part of the administration's Operation Economic Outcast campaign, which is aimed at severing “critical financial lifelines” for the already heavily sanctioned Iranian government.