Treasury Sanctions Iraqi Firm Accused of Smuggling Arms for Iran

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WASHINGTON—The U.S. Treasury Department on Wednesday imposed sanctions on an Iraqi company it said had trafficked hundreds of millions of dollars in arms for Iran’s Islamic Revolutionary Guard Corps Quds Force.

Treasury’s blacklisting of the South Wealth Resources Company, or Manabea Tharwat al-Janoob General Trading Company, is part of the Trump administration’s broader pressure campaign against Tehran that the White House says is meant to coerce the government into a nuclear and regional security pact. The latest sanctions…



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