RealNews

US Treasury names Iran firms weapons proliferators

Stepping up the Bush administration’s financial pressure on Iran over its nuclear program, the U.S. Treasury Department labeled three Iranian companies on Friday as proliferators of weapons of mass destruction, banning U.S. transactions with them. The Treasury, invoking an executive order recently used against Iranian state-owned banks, said it would also seek to freeze any U.S. assets of Kalaye Electric Co., Kavoshyar Co. and Pioneer Energy Industries Co. Full Story

OODA Analyst

OODA Analyst

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