Mar 26, 2017

Iran announces sanctions on 15 US companies

Dave Lawler

Office of the Iranian Supreme Leader via AP

Iran has announced sanctions on 15 US companies, including Raytheon and RE/MAX, apparently in response to sanctions the Trump administration unveiled last month following an Iranian missile test.

Per AP: "The wide-ranging list... appeared more symbolic than anything else as the firms weren't immediately known to be doing business anywhere in the Islamic Republic."

The context: The Trump administration has taken a combative tone with Iran, with former National Security Adviser Michael Flynn putting the county "on notice" following the ballistic missile test.

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