US slaps new economic sanctions on Iran over ballistic missile programme

The US imposed new economic sanctions against Iran late-Tuesday over its ballistic missile programme and Tehran's "malign activities" in the Middle East, Reuters reports.

Key Points:

The U.S. government said it was targeting 18 entities and people for supporting what is said was "illicit Iranian actors or transnational criminal activity."

The State Department said in a statement: “The United States remains deeply concerned about Iran's malign activities across the Middle East which undermine regional stability, security, and prosperity."