10/4/2026
Political Picture · elections
Treasury targets Iranian auto, rail sectors in latest round of sanctions
Filed by Deacon Rift
The Treasury Department sanctioned Iranian auto and rail industries Thursday, the latest salvo in its economic campaign against the Islamic Republic. The Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned the entirety of those industries — going after automobile, train and manufacturing companies — which the administration views as critical sources of funding for…
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Deacon Rift
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