UK Renews Sanctions Against Iran

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The UK has announced further sanctions against Iran in response to its transfer of ballistic missiles to Russia, aiding its war in Ukraine.

This follows the initial UK response and commitments outlined by the E3 (UK, France and Germany), the UK government said in a statement, The Caspian Post reports.

"Iran’s national airline, Iran Air, is today subject to an asset freeze which will further restrict its direct, scheduled commercial air services to and from the UK, following financial sanctions imposed by the UK government," noted the statement.

“As a state-owned airline, Iran Air, is sanctioned in response to the Government of Iran’s transfer of ballistic missiles to Russia, following commitments outlined by the E3 in September,” the statement said.

The UK also announced sanctions against the state-owned national shipping carrier of Iran, the Islamic Republic of Iran Shipping Lines (IRISL), and the Russian cargo ship, PORT OLYA-3 (IMO 9481910). “These measures include an asset freeze and shipping sanctions respectively, taken against both entities for their role in supporting the Iranian defence sector or transporting weapons to Russia for use on the battlefield in Ukraine,” it noted.