The New Paper

January 6, 2021

US announces new sanctions targeting Iran steel industry

The Treasury Department announced a series of sanctions targeting Iran’s steel industry yesterday. The sanctions, which target 12 Iranian metal producers, one Chinese supplier, and three foreign sales agents, aim to cut off a key revenue source used to fund “nefarious activities” in Iran. The announcement follows several other sanctions imposed on Iran in recent years as part of a “Maximum Pressure” campaign.

Extra: Meanwhile, Iran asked Interpol to issue a “red notice” for the arrest of President Trump and 47 other US officials in relation to the killing of top Iranian General Qassem Soleimani last January. Interpol is not expected to consider the request, noting that it cannot undertake political or military actions.
This story is from the January 6, 2021 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.