Imposing Sanctions With Respect to Additional Sectors of Iran

What it means

Authorizes sanctions against individuals and entities operating in Iran's construction, mining, manufacturing, and textile sectors. These sanctions block property, prevent transactions, and can restrict entry into the US for those involved in these Iranian economic sectors.

Expected impact

• Further economic pressure on Iran by targeting key sectors that generate revenue for the Iranian government
• Reduced ability for Iran to fund its nuclear program, missile development, and support for terrorism
• Potential challenges for foreign businesses with connections to the targeted Iranian sectors
• Increased tensions in US-Iran relations following the implementation of these sanctions