New Sanctions Target Iran's Nuclear Program

The United States Treasury Department's Office of Foreign Assets Control (OFAC) has announced an update to its list of sanctioned individuals and entities connected to Iran's nuclear program. This move includes two Iranian individuals and six companies, with one based in China and three in the United Arab Emirates.

Escalating Tensions Between US and Iran

The announcement comes at a time of heightened tensions between the United States and Iran. Washington has issued threats of a potential armed response should Iran fail to adjust its nuclear program, while Tehran has vowed to retaliate if necessary.