The United States sanctioned Iranian defense companies Wednesday after a spate of ballistic missile attacks on targets in Iraq and the Gulf.
The U.S. and Iran’s neighbors blame that country for a March 13 strike on Irbil, Iraq, and for repeated missile strikes into Saudi Arabia and the United Arab Emirates by Iranian-backed Houthi fighters in Yemen.
On Friday, a Houthi missile strike set ablaze a Saudi Aramco oil storage site, prompting warnings from angry Saudi leaders that the attacks threatened the stability of the world oil market.
Even as the U.S. carries out indirect negotiations with Iran for reviving limits on Iran’s nuclear program, it will keep up penalties against those involved in Iran’s ballistic missile production, Treasury Undersecretary Brian Nelson said in announcing the sanctions.
ArklahomBoy 