The White House has delayed inflicting financial sanctions on Iran for its October breach of a nuclear agreement it entered into with the U.S. in July, according to a new report.
The Treasury Department had planned to retaliate against nearly a dozen companies and individuals in Iran, Hong Kong and the United Arab Emirates for assisting Iran in developing and testing its ballistic missiles program.
A United Nations panel ruled earlier this month that the missile launch violated the agreement, yet Iranian leaders have said any American enforcement penalty for their actions would cancel the agreement.
