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US Imposes New Sanctions On Iran Over Missile Test

Just one day after international sanctions against Iran were lifted, the United States has imposed fresh sanctions on Iranian companies and individuals over a recent ballistic missile test. U.S. officials said that the Treasury planned to announce the penalties in late December, but held off after the Iranian foreign minister said they could have derailed the prisoner exchange that took place over weekend. The BBC reports: The new sanctions prevent 11 entities and individuals linked to the missile programme 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. Among them was Washington Post reporter Jason Rezaian – whom President Obama described as “courageous”. A fifth American was freed separately. Rezaian and two of the others freed arrived in Geneva from where they were travelling to a US base in Germany. The US said it had offered clemency to seven Iranians being held in the US for sanctions violations. Negotiations over the prisoner exchange delayed the US Treasury’s imposition of the latest sanctions – originally [...]