U.S. slaps sanctions on Iranian shipping company

Source: Reuters

WASHINGTON (Reuters) - The United States sought to increase pressure on Iran over its nuclear program on Wednesday by imposing sanctions against its national maritime carrier and 18 affiliates, targeting much of its shipping sector.

The U.S. Treasury Department said the Islamic Republic of Iran Shipping Lines (IRISL), Iran's national maritime carrier, and the affiliates provided logistical support for Iran's Ministry of Defense and Armed Forces Logistics and that they lied about their activities.

The department said it was banning any transactions between U.S. citizens and IRISL and its affiliates and would try to freeze any assets the companies have under U.S. jurisdiction.

The sanctions are the latest U.S. step to raise pressure against Iran to suspend uranium enrichment, a process that can produce fuel for atomic power plants or for nuclear weapons.


Read more: http://www.reuters.com/article/politicsNews/idUSN10231820080911

Motherfucking WarMongers!