Monday, August 10, 2020
Home News News: Iran & World U.S. Imposes New Sanctions on the Iranian Regime's Construction Sector

U.S. Imposes New Sanctions on the Iranian Regime’s Construction Sector

The United States on Thursday extended its sanctions on Iran by taking aim at its construction sector

The United States on Thursday imposed sanctions on the Iranian regime’s construction sector and trade in four materials used in the regime’s military or nuclear programs.

The State Department said Secretary of State Mike Pompeo ‘s Regime

— NCRI-FAC (@iran_policy) October 31, 2019

The blacklisted targets were announced by the Terrorist Financing Targeting Center (TFTC) nations – which also include Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. 

Sanctions reimposed on Iran’s regime by the U.S. after President Donald Trump withdrew Washington from world powers’ 2015 nuclear pact with Tehran have dried up Iranian oil revenue and cut Iranian banks’ ties to the financial world.  

Tensions between the U.S., its Gulf allies and Iran’s regime spiked in recent months after attacks on oil tankers and a September strike on Saudi oil facilities, carried out by the Iranian regime.