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US sanctions target Iran's auto, rail sectors after blockade chokes shipping lanes

By Timothy Gardner WASHINGTON, Oct 1 (Reuters) - The Trump administration on Thursday imposed fresh sanctions on Iran, targeting its rail and automotive conglomerates and international suppliers to the sectors, the Treasury Department said, in the latest US push to isolate Tehran economically. The sanctions are part of the department's "Operation Economic Outcast," announced August 24, which aims…

The US has imposed fresh sanctions on Iran, targeting its rail and automotive sectors, as well as international suppliers to these industries. According to the US Treasury Department, these sanctions are part of a broader effort to economically isolate Tehran.

The US envoy to the UN, Mike Waltz, has stated that the US will push for an independent, multilateral body to monitor Iran sanctions, following Russia and China's blockage of the renewal of the UN panel of experts that tracked breaches. Waltz accused Moscow of engaging in arms transfers that independent experts would investigate, including the transfer of fighter aircraft and armored vehicles to Iran in late 2025, as reported by The National Business and The National UAE.

The new sanctions aim to cut Tehran's funding for various activities, including war, missile construction, cyberattacks, and the Islamic Revolutionary Guard Corps (IRGC), as stated by Al-Monitor. The US, along with Britain, France, and Germany, claims that previous UN sanctions on Iran are legally in force after activating the "snapback" process under the 2015 nuclear deal.

Brief written by urgent.news from Al-Monitor, The National Business, The National UAE, Ajel English — 4 reports on this story. Machine-written — may contain errors; check the original before relying on it.

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