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Iran Claims Launch of Rocket Carrying Satellite into Space

Iran Claims Launch of Rocket Carrying Satellite into Space

A spokesman for US Strategic Command Joint Space Operations Center, Air Force Capt. Brian Maguire, told CNN there was "nothing new to add to the satellite catalog" following the reported launch.

The economic penalties are "in response to Iran's continued provocative actions, such as yesterday's launch of the Simorgh space launch vehicle", the Treasury Department said.

"These sanctions target key entities involved in Iran's ballistic missile programme, and underscore the United States' deep concerns with Iran's continued development and testing of ballistic missiles and other provocative behaviour", Mnuchin said. Though the newly recertified deal limiting Iran's nuclear program doesn't explicitly bar the development of ballistic missiles, the USA considers it a violation of the "spirit" of the deal, State Department spokeswoman Heather Nauert said Thursday.

The companies are owned by the Shahid Hemmat Industrial Group, an entity central to Iran's ballistic missile program.

Iranian state television showed footage of the firing of the rocket.

In addition, foreign financial institutions that facilitate significant transactions for, or persons that provide material or certain other support to, the entities designated today risk exposure to sanctions that could sever their access to the U.S. financial system or block their property and interests in property under the USA jurisdiction.

The U.S. Senate on Thursday passed a sanctions bill aimed at curbing North Korea's nuclear weapons and missile development, as part of a package legislation that also targets Russian Federation and Iran.

Washington's shortsightedness in the matters regarding Tehran continues to jeopardize Iran's 2015 nuclear agreement with the world powers.

Iran's foreign minister, Mohammad Javad Zarif, on Friday denied Tehran had missiles created to carry nuclear warheads. "Rhetoric and actions from US show bad faith", Zarif added.

"Iran is not, and will not be, developing nuclear weapons; so by definition can not develop anything created to be capable of delivering them", Zarif said on Twitter.

The Treasury move was announced just hours after the US Senate voted nearly unanimously to impose new sanctions on Iran, Russia and North Korea.

During the 2016 presidential election campaign, the U.S. president promised to "rip up" the "worst deal ever made".

U.S. officials said the "conditions had been met", but Iran is "unquestionably in default of the spirit" of the agreement.

It has recently become known that US President Donald Trump's administration insists on inspecting "suspicious" military facilities in Iran.

Last week's sanctions came just a day after the U.S. administration declared that Iran was complying with the landmark nuclear deal signed two years ago.

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