US Slaps Iran Firms With Sanctions After Rocket Launch

US Slaps Iran Firms With Sanctions After Rocket Launch

The United States on Friday imposed new sanctions targeting Iran's ballistic missile programme, one day after Tehran tested a satellite-launch rocket – an act that Washington had called "provocative." The US Treasury singled out six companies owned or controlled by Shahid Hemmat Industrial Group (SHIG), which it said was central to the Islamic republic's missile programme, freezing their US assets and barring US citizens from dealing with them.

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