Days after Iran tested a ballistic missile in a northern desert, newly-inaugurated U.S. President Donald Trump imposed sanctions on individuals associated with the program producing non-nuclear rockets capable of reaching Israel, as well as the United States.
The new round of targeted measures will do little to affect Iran’s now-growing oil industry, which has reestablished its standing as the third-largest producer in the Organization of Petroleum Exporting Countries (OPEC) following its economic liberation.
