Iran Imposes Sanctions on 15 US Firms – Fox Business
DUBAI--Iran on Sunday sanctioned 15 American companies in retaliation for restrictions that the Trump administration imposed on companies and people allegedly connected with its ballistic-missile program.
Iran had vowed reciprocal action soon after the Trump administration's move last month, one of several escalations between Iran and the U.S. since President Donald Trump took office in January.
The new strains could hamper regional peacemaking efforts, roll back the Obama administration's nuclear diplomacy with Iran, and even lead the countries into more direct confrontation.
Iran is deeply involved in the six-year Syrian civil war, and is a key player along with the U.S. in international talks toward a political solution. During Mr. Obama's administration, Iran reached a nuclear deal with six world powers including the U.S. that edged toward repairing a long-frayed relationship.
Mr. Trump, however, promised to rip up the nuclear deal during his campaign. Last month, he tweeted that Iran was "on notice" over its ballistic-missile program. Iran was also among the Muslim-majority countries whose citizens were barred from entering the U.S. under two executive orders that the Trump administration said aimed to keep terrorists out. Those orders have been stayed by federal judges.
Iran's sanctions on Sunday mainly targeted American defense companies, including the Massachusetts-based defense giant Raytheon Co., the Minnesota-based firearms manufacturer Magnum Research Inc., and Illinois firearms manufacturer Lewis Machine and Tool Co., singling them out for allegedly helping Israel and contributing to regional instability, according to the official Islamic Republic News Agency, citing a Foreign Ministry statement.
Continue Reading Below
ADVERTISEMENT
Other companies sanctioned included Denver-based real-estate giant Re/Max Holdings Inc., which the ministry said had a role in Israeli settlements in Palestinian territories. Re/Max and the other companies didn't immediately respond to requests for comment.
Dealings with the named companies were prohibited, the ministry said, and their assets in the Islamic Republic were frozen. Representatives for the companies wouldn't be given visas, it said.
It wasn't clear if any of the companies had any ongoing business with the country or assets that could be frozen.
Tehran called the Trump administration's sanctions in February an affront to its right to self-defense and a violation of 2015's nuclear deal. Under that deal--a foreign-policy priority for the Obama administration--the U.S., European Union and United Nations lifted many sanctions against Iran in exchange for curbs on its disputed nuclear program.
"The imposition of new sanctions by the U.S. is based on fabricated and illegitimate pretexts and amounts to an action against international regulations as well as the word and spirit of the [nuclear deal]," Iran's Foreign Ministry said, according to IRNA.
A U.N. Security Council resolution endorsing the nuclear deal called upon Iran not to develop ballistic missiles designed to be capable of carrying nuclear warheads. Iran has continued to conduct ballistic missile tests since the deal, insisting that the weapons are for self-defense and aren't designed to carry such warheads.
Trump administration officials have said Iran's tests, including one in January, were violations of the U.N. resolution.
See more here:
Iran Imposes Sanctions on 15 US Firms - Fox Business
- How to Avoid Disaster in the Next Iran War - Foreign Policy - October 6th, 2026 [October 6th, 2026]
- Iran drone plot fears led US to remove bombers from UK base, US officials say - Reuters - October 6th, 2026 [October 6th, 2026]
- The U.S. Military Struggles to Protect Its Bases Amid Failing Iran War - The Intercept - October 6th, 2026 [October 6th, 2026]
- Most families of US troops killed in the Iran war's deadliest attack weren't at White House event - AP News - October 6th, 2026 [October 6th, 2026]
- Most families of US troops killed in the Iran war's deadliest attack weren't at White House event - WKMG - October 6th, 2026 [October 6th, 2026]
- Trump backed Iran into a corner. The regime isnt blinking - CNN - October 6th, 2026 [October 6th, 2026]
- Trump suggests Iran could 'take out' Los Angeles and San Diego if it develops nuclear weapons - ABC News - Breaking News, Latest News and Videos - October 6th, 2026 [October 6th, 2026]
- Let them take out Los Angeles': President Trump defends ongoing war with Iran - NBC Los Angeles - October 6th, 2026 [October 6th, 2026]
- Iran Faces Severe Challenges to Rebuild Missile and Drone Production - War on the Rocks - October 6th, 2026 [October 6th, 2026]
- Soldiers Wounded in Iran Say DOD Made Them Get Their Own Treatment - The New Republic - October 6th, 2026 [October 6th, 2026]
- Deranged and dangerous Trump calls for Iran to strike US cities amid historic ratings low | First Thing - The Guardian - October 6th, 2026 [October 6th, 2026]
- What to know as the fighting in Yemen escalates while US-Iran tensions remain high - AP News - October 6th, 2026 [October 6th, 2026]
- Will the Iran war cost Trump in the US midterm elections? Your questions answered - The Guardian - October 6th, 2026 [October 6th, 2026]
- President Trump says Iran can take out Los Angeles and San Diego as he defends war - East Bay Times - October 6th, 2026 [October 6th, 2026]
- Iran is losing thats why we should expect and prepare for more terrorist attacks - The Hill - October 6th, 2026 [October 6th, 2026]
- Most families of US troops killed in the Iran wars deadliest attack wont be at White House event - The Boston Globe - October 6th, 2026 [October 6th, 2026]
- Trump Condemned for Invoking Nuclear Attacks on US Cities to Defend Iran War - Truthout - October 6th, 2026 [October 6th, 2026]
- Iranian Regimes Judiciary Warns Against Angering the Public Amid Economic Stress - National Council of Resistance of Iran - NCRI - October 6th, 2026 [October 6th, 2026]
- Qatar says US, Iran still in talks to end war - Arab News - October 6th, 2026 [October 6th, 2026]
- Iran Awaits US Reply as WSJ Reports Trump Rejected Hormuz Proposal - . . - September 26th, 2026 [September 26th, 2026]
- Exclusive | Trump Rejects Iran Ceasefire, Expects Renewed Bombing After Midterms - WSJ - September 26th, 2026 [September 26th, 2026]
- US official claims Trump holds all the cards in Iran talks - Al Jazeera - September 26th, 2026 [September 26th, 2026]
- Iran war live: Tehran offers US plan to reopen Hormuz within seven days - Al Jazeera - September 26th, 2026 [September 26th, 2026]
- Pentagon quietly adds dozens to tally of troops wounded amid Iran war - The Washington Post - September 26th, 2026 [September 26th, 2026]
- Trump asks Xi to stop helping Iran - The Telegraph - September 26th, 2026 [September 26th, 2026]
- US and Iran want a deal, but neither wants to move first - Iran International - September 26th, 2026 [September 26th, 2026]
- Chris Hayes: GOP puts Trump ahead of voters on politically toxic Iran war - MS NOW - September 26th, 2026 [September 26th, 2026]
- Iran offers to reopen Strait of Hormuz within 7 days and restart nuclear talks - CNBC - September 26th, 2026 [September 26th, 2026]
- In Iran, Talk of Whether to Build a Nuclear Bomb Bursts Into the Open - WSJ - September 26th, 2026 [September 26th, 2026]
- Iran proposes a deal to reopen the Strait of Hormuz in 7 days if the US meets its conditions - AP News - September 26th, 2026 [September 26th, 2026]
- Why the Gulf Wants Trump to Hold the Line on Iran - WSJ - September 26th, 2026 [September 26th, 2026]
- Mike Pompeo reacts to Iran's proposed plan to end the war - Fox News - September 26th, 2026 [September 26th, 2026]
- Oil prices back up as U.S. and Iran trade fresh threats to expand 7-month war - CBS News - September 26th, 2026 [September 26th, 2026]
- As Houthis capitalize on U.S.-led war with Iran, fighting engulfs Yemen - The Washington Post - September 26th, 2026 [September 26th, 2026]
- Iran says it has given the US a "concrete" seven-day plan to reopen the Strait of Hormuz. - Sky News - September 26th, 2026 [September 26th, 2026]
- Iran leader says "everything will return to the way it was" if U.S. recommits to terms in June deal - CBS News - September 26th, 2026 [September 26th, 2026]
- Iran pitches seven-day roadmap to end conflict with US - Al Jazeera - September 26th, 2026 [September 26th, 2026]
- Miliband tells Iran minister UK will not tolerate 'hostile activity' on British soil - BBC - September 26th, 2026 [September 26th, 2026]
- Pact with Saudi and Pakistan could expand to Muslim world, Iran, Turkish speaker says - reuters.com - September 26th, 2026 [September 26th, 2026]
- Iran war drives UK diesel price to near record high, and makes interest rate rise hard to avoid as it happened - The Guardian - September 26th, 2026 [September 26th, 2026]
- Exclusive | A U.S. Arm-Twisting Campaign Is Cutting Iran Off From the Rest of the World - WSJ - September 26th, 2026 [September 26th, 2026]
- Iran has suggested a deal to reopen the Strait of Hormuz in 7 days - PBS - September 26th, 2026 [September 26th, 2026]
- Iran threatens regional air travel as US sanctions cut its flight links - Iran International - September 26th, 2026 [September 26th, 2026]
- Oil prices fall as Iran says it is open to diplomacy to end the war - Reuters - September 24th, 2026 [September 24th, 2026]
- Oil falls on report Asia will import highest volume of crude since start of Iran war - CNBC - September 24th, 2026 [September 24th, 2026]
- Brent Holds Above $102 as Iran Talks Stall Over Hormuz Conditions - Crude Oil Prices Today | OilPrice.com - September 24th, 2026 [September 24th, 2026]
- Trump-Xi meeting comes amid tensions on Iran, Taiwan and trade: What to know - ABC News - Breaking News, Latest News and Videos - September 24th, 2026 [September 24th, 2026]
- Watch: What messages did the US and Iran send about the war? - BBC - September 24th, 2026 [September 24th, 2026]
- The U.S. economy before and after the Iran war, in five charts - NBC News - September 24th, 2026 [September 24th, 2026]
- Why a Growing Number of Republicans Are Breaking With Trump on Iran - Time Magazine - September 24th, 2026 [September 24th, 2026]
- Its time to move on: At-risk Republicans want Trumps Iran war to end - ms.now - September 24th, 2026 [September 24th, 2026]
- Trump Threatened to Annihilate Iran. Some Republicans Want Out. - U.S. News & World Report - September 24th, 2026 [September 24th, 2026]
- We did not bend the knee: At UN, Pezeshkian says Iran and Gaza committed to resistance - The Times of Israel - September 24th, 2026 [September 24th, 2026]
- Iran-US war latest: Trump threatens to blow the entire nation up after Tehran warns of painful strikes - The Independent - September 24th, 2026 [September 24th, 2026]
- Iran's president tells Trump it will never 'bend the knee' - BBC - September 24th, 2026 [September 24th, 2026]
- Trump Threatens Annihilation in Iran in UN Speech and Lays Out Winner-Takes-All Vision - The New York Times - September 24th, 2026 [September 24th, 2026]
- Defending reporter ban, Justice Department argues stories on Trumps ballroom project, Iran war threaten national security - CNN - September 24th, 2026 [September 24th, 2026]
- In defiant speech, Pezeshkian calls out Trump and says Iran will fight until our last breath - AP News - September 24th, 2026 [September 24th, 2026]
- At the U.N., Iran Says It Will Not Give Up Its Nuclear Program - The New York Times - September 24th, 2026 [September 24th, 2026]
- Michigan student confronts El-Sayed over Iran stance in tense exchange: Do you stand with us? - Fox News - September 24th, 2026 [September 24th, 2026]
- Michigan Republicans break with Trump on Iran, AI and data centers - NBC News - September 24th, 2026 [September 24th, 2026]
- Iran vows no surrender to US while Ukraine threatens painful winter for Russia - as it happened - Reuters - September 24th, 2026 [September 24th, 2026]
- Trumps threat to annihilate Iran to UN general assembly is stunning, even for him | Donald Trump - The Guardian - September 24th, 2026 [September 24th, 2026]
- Trump says Iran deal nearing after UN talks as Tehran sets conditions to reopen Strait of Hormuz - Fox News - September 24th, 2026 [September 24th, 2026]
- Trumps Iran threat at the U.N. and Ole Miss students found dead: Morning Rundown - NBC News - September 24th, 2026 [September 24th, 2026]
- Iran ready to reopen Strait of Hormuz if US eases military pressure and lifts blockade - Reuters - September 24th, 2026 [September 24th, 2026]
- Trump praises Burnham despite tensions over AI, Chagos Islands and Iran - The Guardian - September 24th, 2026 [September 24th, 2026]
- Sen. Jon Husted: Iran war needs to come to an end as quickly as possible - Politico - September 24th, 2026 [September 24th, 2026]
- Iran's president delivers wartime address at UN: We have been 'victims of terrorism' - KSL News - September 24th, 2026 [September 24th, 2026]
- Iran and US have held talks on sidelines of UN summit, says Donald Trump - The Guardian - September 24th, 2026 [September 24th, 2026]
- Iran president tells UN we will never bow our head as US walks out - The Hill - September 24th, 2026 [September 24th, 2026]
- Pentagon watchdog says Iran war has led to munitions shortfall - NBC News - September 15th, 2026 [September 15th, 2026]
- Iran balks at Trump's openness to restarting peace talks - Fox News - September 15th, 2026 [September 15th, 2026]
- US imposes fresh sanctions on Russia's VTB Bank over alleged Iran ties - Reuters - September 15th, 2026 [September 15th, 2026]
- Saudi Arabia built the East-West pipeline in case Iran closed Hormuz. Militias still blasted it - Fortune - September 15th, 2026 [September 15th, 2026]
- Iran and the Emerging Security Order in the Middle East - csis.org - September 15th, 2026 [September 15th, 2026]
- Iran war coverage led to firings at Stars and Stripes, former publisher says - Politico - September 15th, 2026 [September 15th, 2026]
- I Have a Theory About Who Leaked a Story About Iran, and It Rhymes With A.P. Mance - slate.com - September 15th, 2026 [September 15th, 2026]
- U.S. Air Force officer shot down in Iran says he prayed while "free-falling" to the ground behind enemy lines - CBS News - September 15th, 2026 [September 15th, 2026]
- Get ready for a 30% jump in heating oil costs this winter as Iran war drives up prices - CNN - September 15th, 2026 [September 15th, 2026]