U.S. Cites Companies, Individuals for Violating Iran Sanctions

The United States on Thursday cited more than a dozen companies and individuals for evading international sanctions on Iran or for links to Tehran's nuclear program.

"Today's actions should be a stark reminder to businesses, banks and brokers everywhere that we will continue relentlessly to enforce our sanctions, even as we explore the possibility of a long-term, comprehensive resolution of our concerns with Iran's nuclear program," said David Cohen, Treasury under secretary for Terrorism and Financial Intelligence.

U.S. citizens or companies are barred from engaging in transactions with any of the firms and individuals named on Thursday and also freezes the assets of the targeted entities and individuals.

Those listed included companies that are alleged to have engaged in transactions on behalf of the National Iranian Tanker Company and another previously identified Iranian front company, KASB International.

The U.S. State Department also named five Iranian entities and several people that it alleges provide goods and services that contribute, or risked contributing, to Iran's nuclear program or its development of ballistic missiles.

Source: Agence France Presse

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