US Sanctions Target Iran’s Auto, Rail Sectors as Blockade Chokes Ship Lanes
The Trump administration imposed sanctions on Iran's rail and auto sectors and their foreign suppliers, the Treasury Department said on Thursday, widening its wartime economic campaign to isolate Tehran. The sanctions are part of the department's "Operation Economic Outcast," announced August 24, which aims to cut Tehran's funding for the war, missile construction, cyberattacks and the Revolutionary Guard Corps or IRGC.
