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US Announces New Iran-Related Sanctions - Treasury Department

© AFP 2023 / MLADEN ANTONOVThe emblem of the US Treasury Department in Washington, DC is seen on August 08, 2011 after Standard & Poor's cut the US credit rating for the first time in history, saying the country's politicians are increasingly unable to come to grips with its massive fiscal deficit and debt load
The emblem of the US Treasury Department in Washington, DC is seen on August 08, 2011 after Standard & Poor's cut the US credit rating for the first time in history, saying the country's politicians are increasingly unable to come to grips with its massive fiscal deficit and debt load - Sputnik International, 1920, 19.12.2023
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WASHINGTON (Sputnik) - The United States imposed a new package of Iran-related sanctions on Tuesday, targeting individuals and entities allegedly linked to the Islamic Revolutionary Guard Corps, the Treasury Department said in a notice on Tuesday.
The sanctions target four people in Iran and Indonesia, along with 10 entities in Iran, Indonesia, Malaysia, and Hong Kong, according to the notice.
The United States has consistently intensified its sanctions campaign against Iran, targeting various entities and individuals. The latest escalation is part of a broader strategy to exert pressure on Iran, affecting diverse sectors including petrochemicals, technology, and even cyber-related areas.
In September 2022, the US imposed sanctions on 10 entities and one vessel from China, Iran, India, and the UAE for violating Iran-related sanctions. The move demonstrated the broad scope of US sanctions, affecting not only Iranian entities but also those in other countries dealing with Iran.
The US Department of State building is seen in Washington, DC, on July 22, 2019. - Sputnik International, 1920, 02.09.2022
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Another round of sanctions in September 2022 targeted one person and four entities as well as imposing secondary sanctions on an individual linked to a technology company. The month also saw the US impose cyber-related sanctions on 10 people and two entities linked to the Islamic Revolutionary Guard Corps as it turned its focus on perceived cyber security threats.
Under the Trump administration, the US instituted a full-on maximum pressure campaign against Iran, an initiative that sought to severely deprive the Iranian government of any funding and to complicate future negotiations and diplomacy by imposing reinstating past taxes and filing a series of new sanctions.
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