Tensions between Tehran and Washington will reach new levels with the news that the US intends to designate the Iranian Revolutionary Guard as a terrorist organisation. This allows the US to disrupt the organisation’s funding and take steps against those companies that do business with it.
The Revolutionary Guard is the first governmental entity that the US has attempted to confront using these tactics. Considering the Guard’s role in key sectors of the Iranian economy, the moves challenges foreign firms who do business with Iran to decide between continuing to work there or falling foul of the US government.
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