Iran Slaps Sanctions on 15 U.S. Companies as Animosity Grows
03/26/2017 | 09:27am EDT
By Asa Fitch
DUBAI--Iran on Sunday sanctioned 15 American companies in retaliation for restrictions that the Trump administration imposed on companies and people allegedly connected with its ballistic-missile program.
Iran had vowed reciprocal action soon after the Trump administration's move last month, one of several escalations between Iran and the U.S. since President Donald Trump took office in January.
The new strains could hamper regional peacemaking efforts, roll back the Obama administration's nuclear diplomacy with Iran, and even lead the countries into more direct confrontation.
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