US imposes new sanctions on Iranian foundations in last days of Trump term

WASHINGTON: The United States on Wednesday blacklisted two Iranian foundations controlled by Supreme Leader Ayatollah Ali Khamenei, and their subsidies, saying the institutions enabled Iran’s elite to sustain a “corrupt” system of ownership over large parts of the economy.
The designations announced by the US Treasury Department target Execution of Imam Khomeini’s Order (EIKO) and Astan Quds Razavi (AQR), their leaders and subsidies. They are the latest action to reinforce the “maximum pressure” campaign on Iran pursued by President Donald Trump’s administration.