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US sanctions Iran’s car makers and railway operators as pressure shifts from sea to land

The US has blacklisted two of Iran's biggest car makers and major railway operators, extending its economic pressure campaign against Tehran from shipping and oil exports to industries and transport networks on land. The Treasury Department on Thursday designated Iran Khodro and Saipa, which together account for more than 90 per cent of Iran’s domestic market. It also sanctioned the state-owned…

US sanctions Iran’s car makers and railway operators as pressure shifts from sea to land

We haven't written up this one. The National UAE has the full story — the link below goes straight to it.

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