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U.S. Sanctions Three Iranian Companies as Lawmakers Call Prohibitions Ineffective
By Colby Adams
printU.S. officials Thursday blacklisted an Iranian financial institution and two other companies linked to the country's elite military arm as lawmakers separately questioned the efficacy of economic sanctions against the nation. Tidewater Middle East Company, Iran Air and Mehr-e Eqtesad-e Iranian Investment Company have actively aided Iran's pursuit of weapons of mass destruction, the U.S. Treasury Department said. The companies follow the direction of two entities previously blacklisted by the United States: Iran's Islamic Revolutionary Guard Corps and Mehr Bank, the department said. In a press briefing Thursday, a department official said he was unsure whether the companies had any...
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