BREAKING NEWS

US extends sanctions list aimed at Iran's nukes

By ASSOCIATED PRESS

JUNE 16, 2010 22:17

WASHINGTON — The Obama administration expanded Wednesday US sanctions on Iran over its suspect nuclear program, hitting additional companies and individuals with penalties.

The administration said the targeted individuals and institutions are helping Iran to develop its nuclear and missile programs and to evade international sanctions.

The White House said the additions to its sanctions list include Iran's Post Bank for its support of nuclear proliferation. That brings to 16 the number of Iranian-owned banks on the US list.

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