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US Treasury sanctions Iran's auto and rail industries

Original: Treasury sanctions operation targets Iran's auto, rail industries in latest economic attack

The US Treasury has launched a new sanctions operation targeting Iran's automotive and rail industries, described as the latest economic attack on Tehran. The move extends American pressure on Iran's economy beyond oil and banking into its domestic transport and manufacturing sectors. Details on the specific companies or individuals designated have not yet been released.

Why now: Fresh US sanctions on Iran are drawing attention amid ongoing tensions over Tehran's nuclear program

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