Iran to sanction 15 American companies for Israel Ties

Vastavam Web: Iran will impose sanctions on 15 US companies for their support for Israel and its “terrorist actions”, state news agency IRNA said today.The decision, which is largely symbolic because the firms do not do business with Iran, comes two days after the US announced new sanctions on a number of foreign firms accused of collaborating with Iran’s weapons programme.Iran’s sanctions target US firms that provide arms and equipment to Israel “for use against the Palestinians”, IRNA said.

The firms include United Technologies, ITT Corporation, Magnum Research INC, Military Armament Corporation and Bushmaster Firearms International.The list also included Re/Max Real Estate, which Tehran accuses of “buying and selling homes in settlements located in the occupied territories”.Tensions have mounted between Tehran and Washington since US President Donald Trump took office in January.Trump has repeatedly criticised a July 2015 deal between Iran and world powers that saw the Islamic republic curb its nuclear programme in exchange for sanctions relief.Washington last month imposed new sanctions on individuals and companies supporting Iran’s ballistic missile programme and on its elite Revolutionary Guards.