U.S. imposes new sanctions on Iran over missile test
Written by Taiwo Adediran on January 18, 2016
The US has imposed fresh sanctions on Iranian companies and individuals over a recent ballistic missile test. The new sanctions prevent eleven entities and individuals linked to the missile program from using the US banking system. The move came after international nuclear sanctions on Iran were lifted as part of a deal hailed by President Barack Obama on Sunday as “smart”. Four American-Iranians were also freed in a prisoner swap as part of the deal.
Iran conducted a precision-guided ballistic missile test capable of delivering a nuclear warhead violating a United Nations ban last October. U.S. President Barack Obama said the test was a violation of Iran’s “international obligations.”