U.S. Sanctions Iran Over Satellite Rocket Launch
Calling the launch "provocative,” the U.S. Treasury Department responded by targeting companies involved with Iran's ballistic-missile program.
The U.S. has imposed a new round of sanctions on six Iranian firms with ties to Iran’s ballistic-missile program, the Treasury Department announced Friday. The sanctions arrived one day after the Iranian state media said Iran had an advanced satellite-carrying rocket into space—one that uses much of the same technology as a long-range ballistic missile. Last month, Pentagon experts the rocket used Thursday—known as the Simorgh—could “shorten a pathway” to developing an intercontinental ballistic missile (ICBM).
