U.S. intensifies pressure on Iran, sanctioning pair, 5 companies
WASHINGTON — The Trump administration is ratcheting up sanctions on Iran following the president’s withdrawal from the 2015 international accord that curbed Tehran’s ability to develop nuclear weapons.
The Treasury Department on Thursday blacklisted two individuals and five companies in the Middle East, Africa and Europe that it said were financing the Iran-backed Hezbollah militant group based in Lebanon.
The sanctions mean any assets that the persons or companies might have in the United States or in U.S. institutions will be frozen, and Americans cannot do business with the targets.
This was the administration’s third punitive action this week against Iran or entities tied to the country. The U.S. pulled out of the accord May 9.