US hits Iran with new sanctions after space rocket launch

Published July 28, 2017 5:56pm ET



President Trump’s Treasury Department announced new sanctions Friday against Iran following what it called the “threatening” launch of a space rocket.

The sanctions, which were the second set issued this month, freeze all U.S. assets of six companies that support Tehran’s missile program and the development of the Simorgh rocket, which was tested Thursday and could be used to produce an intercontinental ballistic missile, according to the department.

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