The Trump administration on Wednesday hit Iran with new sanctions that target several transportation firms as it continues its “maximum pressure campaign" against the Islamic Republic over its nuclear and ballistic missile programs.
The sanctions target Iran's state shipping line and a China-based company that has been involved in delivering missile parts to Iran. They also add a layer of new penalties to a previously sanctioned Iranian airline, Mahan Air, which is accused of sending weapons to Iranian proxies in Lebanon and Yemen, and three of its sales agents.
The moves were announced by the Treasury and the State Department and will subject foreign firms and governments that do business with the targeted entities to sanctions themselves, including a freeze on any assets they may have in U.S. jurisdictions.