U.S. Treasury slaps sanctions on Iranian companies after satellite launch

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Fri, 28 Jul 2017 - 06:06 GMT

BY

Fri, 28 Jul 2017 - 06:06 GMT

 Steven Mnuchin - Reuters

Steven Mnuchin - Reuters

WASHINGTON (Reuters) - The U.S. Treasury imposed sanctions on Friday on six subsidiaries of an Iranian company key to Iran's ballistic missile program in response to Tehran's "continued provocative actions," including Thursday's launch of a space launch vehicle.

The Office of Foreign Assets Control imposed the sanctions on six Iran-based companies owned or controlled by Shahid Hemmat Industrial Group, the Treasury said in a statement.

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