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US Imposes Sanctions on Iran's Auto and Rail Sectors

The U.S. has imposed new sanctions targeting Iran's automotive and rail industries, as well as their international suppliers. This move is part of an effort to economically isolate Tehran.

The Trump administration on Thursday imposed fresh sanctions on Iran, targeting its rail and automotive conglomerates and international suppliers to those sectors, the Treasury Department said, in the latest US effort to isolate Tehran economically. The sanctions are part of the depart…