Politics

Treasury Sanctions Iranian Auto and Rail Sectors in Latest Round of Sanctions

Updated 2026-10-01 19:40 UTC 1 source Negative

The Treasury Department has sanctioned the entire Iranian auto and rail industries as part of its ongoing economic campaign against the Islamic Republic. The move targets key sectors to further isolate Iran economically.

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The Hill
The Treasury Department sanctioned Iranian auto and rail industries on Thursday, the latest salvo in its economic campaign against the Islamic Republic. The Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the entirety of those industries — going after automobile, train and manufacturin
2026-10-01 18:59 UTC
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