"In the latest ratcheting up of pressure on Iran, the administration of U.S. President Barack Obama Thursday imposed new financial sanctions against Iranian and other companies whose operations allegedly support the country’s nuclear and ballistic-missile programmes.
The Treasury Department said it was blacklisting 11 companies and several individuals associated with Iran’s defence ministry, the Iranian Revolutionary Guard Corps (IRGC), as well as Iran’s national shipping line.
It also blacklisted several companies in Hong Kong, Switzerland and Malaysia, as well as the National Iranian Tanker Company (NITC), which the treasury alleged have been used by the national oil company to evade existing sanctions against Iranian oil experts."
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