1/16, 3:30 AM (Source: TeleTrader)
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US increases Iran metal sanctions

United States State Secretary Mike Pompeo announced on Friday the country had increased its metal-related sanctions on Iran, claiming the sector is controlled by the Islamic Revolutionary Guard Corps (IRGC).

Pompeo added the move was supposed to target Iran's nuclear, ballistic missile, and military programs, which "pose continued threats to the world's safety and security."

Earlier this week, Washington imposed sanctions on two individuals and seven entities over their connections to the Islamic Republic of Iran Shipping Lines.

Breaking the News / JR