US secondary sanctions on Iran construction sector & nuclear programmes, and renews waiver

The US Department of State and OFAC have made 2 findings under Section 1245 of the Iran Freedom and Counter-Proliferation Act of 2012 (IFCA): (1) identifies the construction sector of Iran as being controlled directly or indirectly by the Islamic Revolutionary Guard Corps (IRGC). Secondary sanctions may be imposed in response to the sale, supply, or transfer to Iran of …