U.S. Imposes New Sanctions Against Iran

The Bush administration announced an unprecedented package of unilateral sanctions against Iran today, including the long-awaited designations of its Revolutionary Guard Corps as a proliferator of weapons of mass destruction and of the elite Quds Force as a supporter of terrorism.

The package, announced jointly by Secretary of State Condoleezza Rice and Treasury Secretary Henry M. Paulson Jr., marks the first time that the United States has tried to isolate or punish another country's military. It is the broadest set of punitive measures imposed on Tehran since the 1979 takeover of the U.S. Embassy, and included a call for other countries and firms to stop doing business with three major Iranian banks.

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