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US imposed sanctions against 20 Iranian companies and banks

US imposed sanctions against 20 Iranian companies and banks
US imposed sanctions against 20 Iranian companies and banks

On Tuesday, October 16, the United States extended sanctions against Iran. As the United States Treasury Department said, another 20 Iranian companies and banks were blacklisted, which, according to Washington, provide financial assistance to the Basij militia, which is subordinate to the Islamic Revolutionary Guard Corps (IRGC).

In particular, several investment companies, one steelmaking company, as well as companies associated with zinc mining came under US restrictions. All of these organizations are registered in Iran, according to the US Treasury website.

Recall, as the site reported, as early as August, US President Donald Trump signed a decree restoring sanctions against Iran in two phases, which were canceled after the nuclear deal with Tehran entered into force in January 2016.

REFERENCE

The Islamic Revolution Guards Corps (IRGC) is an elite Iranian military-political formation. Officially is part of the armed forces of Iran.

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