US imposes sanctions on Iran for ballistic missile program

The US Department of the Treasury has imposed financial sanctions on two more Iranian companies for allegedly supporting Iran’s ballistic missile program.

Washington’s latest legal move against Tehran was announced on Thursday, weeks after the United States imposed similar sanctions on 11 other companies and individuals alleged involved in the missile program.

The latest measures cut off Iran’s Shahid Nuri Industries and Shahid Movahed Industries from international finance.

The United States said the companies are working for an industrial group, which Washington alleged is in charge of Iran’s ballistic missile program.

The Treasury Department also imposed restrictions on two British businessmen, Jeffrey John James Ashfield and John Edward Meadows, for doing business with Iran’s Mahan Air.

Washington has accused the airline of transporting funds and arms for the Islamic Revolution Guards Corps (IRGC).

Earlier this month, the IRGC successfully…

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