Treasury Department hits Iran with new sanctions targeting its nuclear program ahead of Oman talks

Advertisement

Advertise with us

WASHINGTON (AP) — The U.S Treasury Department on Wednesday issued new sanctions targeting Iran's nuclear program, just days before senior American and Iranian officials are expected to hold talks in the Middle East sultanate of Oman.

Read this article for free:

or

Already have an account? Log in here »

To continue reading, please subscribe:

Monthly Digital Subscription

$0 for the first 4 weeks*

  • Enjoy unlimited reading on winnipegfreepress.com
  • Read the E-Edition, our digital replica newspaper
  • Access News Break, our award-winning app
  • Play interactive puzzles

*No charge for 4 weeks then price increases to the regular rate of $19.00 plus GST every four weeks. Offer available to new and qualified returning subscribers only. Cancel any time.

Monthly Digital Subscription

$4.75/week*

  • Enjoy unlimited reading on winnipegfreepress.com
  • Read the E-Edition, our digital replica newspaper
  • Access News Break, our award-winning app
  • Play interactive puzzles

*Billed as $19 plus GST every four weeks. Cancel any time.

To continue reading, please subscribe:

Add Free Press access to your Brandon Sun subscription for only an additional

$1 for the first 4 weeks*

  • Enjoy unlimited reading on winnipegfreepress.com
  • Read the E-Edition, our digital replica newspaper
  • Access News Break, our award-winning app
  • Play interactive puzzles
Start now

No thanks

*Your next subscription payment will increase by $1.00 and you will be charged $16.99 plus GST for four weeks. After four weeks, your payment will increase to $23.99 plus GST every four weeks.

Hey there, time traveller!
This article was published 09/04/2025 (243 days ago), so information in it may no longer be current.

WASHINGTON (AP) — The U.S Treasury Department on Wednesday issued new sanctions targeting Iran’s nuclear program, just days before senior American and Iranian officials are expected to hold talks in the Middle East sultanate of Oman.

Five entities and one person based in Iran are cited in the new sanctions for their support of Iran’s nuclear program. The designated groups include the Atomic Energy Organization of Iran and subordinates Iran Centrifuge Technology Company, Thorium Power Company, Pars Reactors Construction and Development Company and Azarab Industries Co.

“The Iranian regime’s reckless pursuit of nuclear weapons remains a grave threat to the United States and a menace to regional stability and global security,” U.S. Treasury Secretary Scott Bessent said in a statement. “Treasury will continue to leverage our tools and authorities to disrupt any attempt by Iran to advance its nuclear program and its broader destabilizing agenda.”

The Treasury Department building is seen, March 13, 2025, in Washington. (AP Photo/Alex Brandon)
The Treasury Department building is seen, March 13, 2025, in Washington. (AP Photo/Alex Brandon)

The new sanctions come as President Donald Trump announced earlier this week that he was dispatching senior envoys to hold direct talks with Iran about its nuclear program, while warning the Iranians they would be in “great danger” if the talks don’t succeed in persuading them to abandon their nuclear weapons program.

For its part, Tehran confirmed talks would happen but insisted they would be indirect discussions through a mediator.

The United States is increasingly concerned as Tehran is closer than ever to a workable weapon.

The U.S. and other world powers in 2015 reached a long-term, comprehensive nuclear agreement that limited Tehran’s enrichment of uranium in exchange for the lifting of economic sanctions.

But Trump unilaterally withdraw the U.S. from the nuclear agreement in 2018, calling it the “worst deal ever.”

Iran and the U.S., under President Joe Biden, held indirect negotiations in Vienna in 2021 aimed at restoring the nuclear deal. But those talks, and others between Tehran and European nations, failed to reach any agreement.

Report Error Submit a Tip

Business

LOAD MORE