The U.S. Treasury Department on Thursday, 23 Mehr 16, added 16 individuals and 10 entities related to Iran to the OFAC sanctions list. All of the sanctioned individuals are Iranian, and the targeted entities include banks, exchange houses, and companies in Iran, Iraq, and Hong Kong.

OFAC also sanctioned Iraq’s “International Development Bank for Investment and Financing” and, at the same time, issued a license to end dealings with this bank.