15 U.S. companies sanctioned in likely retaliation
TEHRAN — Iran on Sunday sanctioned what it described as 15 American companies, alleging they support terrorism, repression and Israel’s occupation of land Palestinians want for a future state, likely in retaliation for sanctions earlier announced by the U.S.
The wide-ranging list from an American real estate company to a major arms manufacturer appeared more symbolic than anything else as the firms weren’t immediately known to be doing business anywhere in the Islamic Republic.
A Foreign Ministry statement carried by the state-run IRNA news agency said the sanctions barred companies from any agreements with Iranian firms and that former and current directors would not be eligible for visas.
It also said any of the company’s assets in Iran could be seized.