The U.S. Treasury Department said on Thursday it will allow for a 90-day period to wind down transactions in certain sectors of Iran’s economy hit with fresh U.S. sanctions last week. The period, good through April 9, allows transactions in the construction, mining, manufacturing or textiles sectors of Iran’s economy that could be targeted under last week’s action to be wound down without exposure to sanctions, the Treasury Department said in an update to its frequently asked questions, or FAQs, on Iran sanctions on its website. Entering into new business that falls under […]