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U.S. Said to Plan Sanctions Tied to Iran's Missile Program

  • Treasury said to plan penalizing several individuals
  • Obama had been criticised for lax response to Iran's plan
The U.S. Navy, the aircraft carrier USS Harry S. Truman in the Gulf of Oman, on Dec. 25.

The U.S. Navy, the aircraft carrier USS Harry S. Truman in the Gulf of Oman, on Dec. 25.

Source: Mass Communication Specialist 2nd Class M. J. Lieberknecht/U.S. Navy via AP
Updated on

The U.S. Treasury Department is close to announcing sanctions against several companies and individuals for their ties to Iran’s ballistic missile program, a person familiar with the matter said.

The Obama administration, which is implementing a landmark accord aimed at curbing Iran’s nuclear program, was criticized earlier this month by Republican Senator Bob Corker for a lax response to Iran’s possible launch of a ballistic missile and has said it would take appropriate action.