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Source: https://home.treasury.gov/news/press-releases/sb0643/
U.S. Sanctions Iran's Remaining Industrial Lifelines
(U.S. Treasury Department) The U.S. Treasury Department announced sanctions Thursday targeting Iran's automotive, rail, manufacturing, and steel networks. Iran's automotive and rail industries have been coopted by the regime and the Islamic Revolutionary Guard Corps (IRGC). Treasury is targeting any source of the regime's illicit revenue, as well as its sanctions evasion schemes to move funds. Treasury has significantly expanded sanctions risk for those who continue to do business with Iran. Any entity facilitating money laundering or sanctions evasion on behalf of Iran risks being cut off from the U.S. financial system.