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Iran sanctions expanded, “front companies and banks” blacklisted.
WASHINGTON, DC – The United States ratcheted up its sanctions against Iran on Thursday, blacklisting a number of firms and individuals for contributing to what it says is an effort to acquire nuclear weapons.
The U.S. Treasury said it was also identifying a number of "front companies and banks" linked to nuclear proliferation, an attempt to make it harder to evade existing sanctions.
(Reporting by Pedro da Costa; Editing by Jackie Frank)