Middle East war: US announces new sanctions against Iran

The United States announced new sanctions on Thursday targeting actors linked to Iran. The Treasury Department’s OFAC added 16 people and 11 entities—including financial institutions, currency-exchange firms, and companies in the energy and trade sectors—to its Specially Designated Nationals list. The measures freeze assets under US jurisdiction and restrict international transactions, while the Treasury also authorized the wind-down of certain operations involving the International Development Bank for Investment and Finance. Washington did not detail the alleged activities of those targeted, as tensions persist over Iran’s nuclear activities and economic networks subject to US restrictions.