U.S., Gulf countries impose joint Iran-related sanctions on 25 targets

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U.S., Gulf countries impose joint Iran-related sanctions on 25 targets
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The United States and six Gulf countries agreed to jointly impose sanctions on 2...

WASHINGTON - The United States and six Gulf countries agreed to jointly impose sanctions on 25 corporations, banks and individuals linked to Iran’s support for militant networks including Hezbollah, the U.S. Treasury Department said on Wednesday.

In Jerusalem on Monday, Mnuchin said the United States would increase economic pressure on Iran over its nuclear program, making the pledge during a Middle East trip that includes visits to U.S. allies Israel and Saudi Arabia. Twenty-one of the targets announced on Wednesday comprised a vast network of businesses providing financial support to the Basij Resistance Force, a paramilitary group that the U.S. Treasury says works for Iran’s elite Islamic Revolutionary Guard Corps .

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