Key takeaways

• In response to Iran’s recent ballistic missile tests, OFAC has added several individuals and entities with ties to Iran to the SDN List.
• Though the Trump administration has been outwardly critical of the Iran Nuclear Deal inherited from the Obama administration, these new sanctions do not appear to represent a departure from previous U.S. policy toward Iran.
• Tensions between the U.S. and Iran continue to build, and the Trump administration has said that it is putting Iran “on notice” regarding further provocative behavior.