US piles more sanctions on Iran

Published July 12, 2012 9:07pm ET



WASHINGTON (AP) — The Obama administration on Thursday hit Iran with more sanctions designed to hinder the country’s nuclear and ballistic missile programs.

The Treasury Department announced new financial sanctions against 11 companies affiliated with the Iranian defense ministry, Revolutionary Guard Corps and national shipping line as well as a university, all for actions they took to support the programs. Several of the firms are already subject to U.S. and European sanctions.

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