U.S. Blacklists Iranian Companies

The Wall Street Journal reports on how the U.S. is starting to crack down on Iranian companies:

WASHINGTON—The Obama administration placed dozens of  Iranian companies and senior Iranian officials on a U.S. financial blacklist Wednesday in a bid to augment United Nations economic sanctions aimed at curbing Tehran's nuclear programs.

The White House's announcement, senior U.S. officials said, will be followed by additional measures against Iran by U.S. allies in Europe, the Middle East and Asia in the coming weeks.

The European Union is scheduled to announce Thursday new measures to freeze European investments in Iran's oil-and-gas and high-tech industries, according to U.S. and EU officials.

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