January 10, 2020
New Sanctions Power Could Squeeze Remaining Iranian Trade Channels
Source: The Wall Street Journal
Journalists: Ian Talley, Mengqi Sun
Fresh sanction powers authorized by President Trump against Iran could squeeze the remaining trade and finance channels keeping the Iranian economy on life support by threatening those companies still doing business with the country.
The U.S. on Friday levied more sanctions on Iran in response to ballistic-missile attacks against U.S. bases in the region earlier this week, blacklisting eight senior Iranian officials and some of Iran’s largest metals manufacturers.
Read the full story and more in The Wall Street Journal.