US Blacklists 37 Alleged Front Companies for Iran

By: The Associated Press
By: The Associated Press

WASHINGTON (AP) - The Obama administration is putting new
pressure on Iran by blacklisting 37 shipping companies in Germany,
Malta and Cyprus that the U.S. links to Tehran's nuclear program.

The Treasury Department said Wednesday that all are front
companies owned or acting for the Islamic Republic of Iran Shipping
Lines, which the U.S. says is used to advance Iran's nuclear and
missile programs.

The blacklisting is the latest in a series of actions by the
U.N., as well as the U.S. and other countries to punish Iran for
its disputed nuclear program. The U.S. measures are also intended
to pressure Tehran into agreeing to taking steps to prove that the
program is not used to make bombs.

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