Economics
Iran Denounces New U.S. Sanctions, Adds Some of Its Own
- Seven U.S companies penalized over contracts with Israel
- U.S continues to waive nuclear-related sanctions under accord
Residential and commercial properties sit illuminated at night on the city skyline in Tehran, Iran.
Photographer: Simon Dawson/BloombergThis article is for subscribers only.
Iran struck back against new Trump administration sanctions against its ballistic missile program, calling them illegal and announcing sanctions of its own.
In a tit-for-tat move, Iran sanctioned seven entities and two individuals on Thursday, including Horacio Rozanski, chief executive officer of Booz Allen Hamilton Holding Corp., alleging human rights violations because the management consulting firm does work in Israel, a U.S. ally that Iran calls an oppressor of Palestinians. Kimberly West, a spokeswoman for Booz Allen, said the company had no comment.