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US imposes new sanctions targeting Iranian metals

The U.S. State Department announced it has sanctioned 17 companies and one individual tied to Iran’s metals industry.

An Iranian flag. Credit: Hamid Nadimi via Wikimedia Commons.
An Iranian flag. Credit: Hamid Nadimi via Wikimedia Commons.

The Trump administration enacted new sanctions on Tuesday targeting Iran’s metals sector.

The U.S. Treasury Department said it has sanctioned a China-based supplier of graphite electrodes, a key element in steel production, in addition to 12 Iranian producers of steel and other metals products, in addition to three foreign-based sales agents of a major Iranian metals and mining holding company.

The U.S. State Department announced it has sanctioned 17 companies and one individual tied to Iran’s metals industry.

The latest round of sanctions on Iran came a day after Iranian media announced that the regime’s Islamic Revolutionary Guard Corps seized a South Korean-flagged chemical tanker off the coast of Oman.

Two suspects were arrested on suspicion of disseminating materials glorifying terrorism.
The raid follows Sunday’s attacks on Iran’s Defense and Intelligence ministries, the IRGC Air Force and Internal Security Forces.
“The disciplinary process before the Bureau is ongoing and remains confidential. No decisions have been taken, and no weight should be ⁠given to recent media speculation,” an internal ICC memo said.

The ministry says 123 remain hospitalized, including 15 in serious condition.
Steps were taken to mitigate harm to noncombatants, according to the Israeli military.
Army says Ofer “Poshko” Moskovitz died when Israeli artillery mistakenly struck Misgav Am during operations near the Lebanon frontier.