U.S. Treasury Adds Eight Canada-Based Firms to Iran-Related Sanctions List

The U.S. Treasury Department announced it has sanctioned eight Canada-based companies and exchange houses, the Office of Foreign Assets Control (OFAC) added them to its list of Iran-related sanctions. The announcement names eight entities based in Canada and states they have been designated by OFAC in connection with the Islamic Republic. The report attributes the designations to the U.S. Treasury; no further details on the companies, specific allegations, or any responses from the named firms were provided in the Manshur text.