The Treasury Department sanctioned Iranian auto and rail industries on Thursday, the latest salvo in its economic campaign against the Islamic Republic. The Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the entirety of those industries — going after automobile, train and manufacturing companies — which the administration views as critical sources of funding for...
The Treasury Department sanctioned Iranian auto and rail industries on Thursday, the latest salvo in its economic campaign against the Islamic Republic. The Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the entirety of those industries — going after automobile, train and manufacturing companies — which the administration views as critical sources of funding for...
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