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MTV Lebanon
Iran sanctions affect many sectors
The new US sanctions against Iran demonstrate a broad targeting of multiple sectors, including aviation, digital assets, gold, shipping, and technology. Additionally, dozens of individuals and companies from Iran, China, Hong Kong, the UAE, Turkey, India, Singapore, and Greece have been added to the SDN list. Some licenses related to sports, academic exchanges, and educational services have been suspended, while special licenses have been issued to handle existing transactions until 2026, with restrictions on exceptions related to educational, sports, and personal exchanges. The new sanctions also prohibit financial and commercial dealings with Iranian entities, focusing on the liquidation of some ongoing operations and restricting certain activities, as part of efforts to exert pressure on Iran through expanded targeting of economic and commercial sectors.
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