The US Treasury Department announced that it had imposed new sanctions on individuals and groups linked to Iran, according to a department press release on Friday.

The US Treasury Department announced that it had imposed new sanctions on individuals and groups linked to Iran, according to a department press release on Friday. Link US imposes new sanctions on Iran, IRGC-linked entities following attacks in Strait of Hormuz The sanctions require any US-based involvement in the sanctioned companies to be reported to the Treasury's Office of Foreign Assets Control (OFAC).