US imposes new Iran sanctions for ballistic missile testing

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WASHINGTON (AP) — The United States on Sunday imposed sanctions against 11 individuals and entities involved in Iran's ballistic missile program as a result of Tehran's firing of a medium-range ballistic missile, a new punishment one day after the Obama administration lifted economic penalties against the Islamic Republic over its nuclear program.
The missile program "poses a significant threat to regional and global security, and it will continue to be subject to international sanctions," said Adam J. Szubin, the Treasury's acting undersecretary for terrorism and financial intelligence in a statement.

Images of Iran releasing detained US sailors:
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Iran releases detained US sailors
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US imposes new Iran sanctions for ballistic missile testing
This picture released by the Iranian state-run IRIB News Agency on Wednesday, Jan. 13, 2016, shows detention of American Navy sailors by the Iranian Revolutionary Guards in the Persian Gulf, Iran. Iranian state television is reporting that all 10 U.S. sailors detained by Iran after entering its territorial waters have been released. Iran's Revolutionary Guard said the sailors were released Wednesday after it was determined that their entry was not intentional. The nine men and one woman were being held at an Iranian base on Farsi Island in the Persian Gulf after being detained nearby on Tuesday.(Sepahnews via AP)
This frame grab from Tuesday, January 12, 2016 video by the Iranian state-run IRIB News Agency, shows detention of American Navy sailors by the Iranian Revolutionary Guards in the Persian Gulf, Iran. The 10 U.S. Navy sailors detained by Iran after their two small boats allegedly drifted into Iranian territorial waters around one of Iran's Persian Gulf islands a day earlier have been freed, the United States and Iran said Wednesday. (IRIB News Agency via AP)
This frame grab from Tuesday, January 12, 2016 video by the Iranian state-run IRIB News Agency, shows American Navy boats in custody of the Iranian Revolutionary Guards in the Persian Gulf, Iran. The 10 U.S. Navy sailors detained by Iran after their two small boats allegedly drifted into Iranian territorial waters around one of Iran's Persian Gulf islands a day earlier have been freed, the United States and Iran said Wednesday. (IRIB News Agency via AP)
This frame grab from Tuesday, January 12, 2016 video by the Iranian state-run IRIB News Agency, shows Iranian Revolutionary Guards sort out detained American sailors' weapons in the Persian Gulf, Iran. The 10 U.S. Navy sailors detained by Iran after their two small boats allegedly drifted into Iranian territorial waters around one of Iran's Persian Gulf islands a day earlier have been freed, the United States and Iran said Wednesday. (IRIB News Agency via AP)
This frame grab from Tuesday, January 12, 2016 video by the Iranian state-run IRIB News Agency, shows American Navy boat in custody of the Iranian Revolutionary Guards in the Persian Gulf, Iran. The 10 U.S. Navy sailors detained by Iran after their two small boats allegedly drifted into Iranian territorial waters around one of Iran's Persian Gulf islands a day earlier have been freed, the United States and Iran said Wednesday. (IRIB News Agency via AP)
This picture released by the Iranian Revolutionary Guards on Wednesday, Jan. 13, 2016, shows detained American Navy sailors in an undisclosed location in Iran. Iranian state television is reporting that all 10 U.S. sailors detained by Iran after entering its territorial waters have been released. Iran's Revolutionary Guard said the sailors were released Wednesday after it was determined that their entry was not intentional. (Sepahnews via AP)
This picture released by the Iranian Revolutionary Guards on Wednesday, Jan. 13, 2016, shows detained American Navy sailors in an undisclosed location in Iran. Iranian state television is reporting that all 10 U.S. sailors detained by Iran after entering its territorial waters have been released. Iran's Revolutionary Guard said the sailors were released Wednesday after it was determined that their entry was not intentional. (Sepahnews via AP)
This picture released by the Iranian Revolutionary Guards on Wednesday, Jan. 13, 2016, shows detained American Navy sailors in an undisclosed location in Iran. Iranian state television is reporting that all 10 U.S. sailors detained by Iran after entering its territorial waters have been released. Iran's Revolutionary Guard said the sailors were released Wednesday after it was determined that their entry was not intentional. (Sepahnews via AP)
This picture released by the Iranian Revolutionary Guards on Wednesday, Jan. 13, 2016, shows detained American Navy sailors in an undisclosed location in Iran. Iranian state television is reporting that all 10 U.S. sailors detained by Iran after entering its territorial waters have been released. Iran's Revolutionary Guard said the sailors were released Wednesday after it was determined that their entry was not intentional. (Sepahnews via AP)
This picture released by the Iranian Revolutionary Guards on Wednesday, Jan. 13, 2016, shows American Navy boats in custody of the guards in an undisclosed location in Iran. Iranian state television is reporting that all 10 U.S. sailors detained by Iran after entering its territorial waters have been released. Iran's Revolutionary Guard said the sailors were released Wednesday after it was determined that their entry was not intentional. (Sepahnews via AP)
This picture released by the Iranian Revolutionary Guards on Wednesday, Jan. 13, 2016, shows American Navy boats in custody of the guards in an undisclosed location in Iran. Iranian state television is reporting that all 10 U.S. sailors detained by Iran after entering its territorial waters have been released. Iran's Revolutionary Guard said the sailors were released Wednesday after it was determined that their entry was not intentional. (Sepahnews via AP)
In this Nov. 15, 2014, photo, a Riverine Command Boat from Costal Riverine Squadron (RIVRON) 2 escorts the USS Bunker Hill (CG 52) in the Persian Gulf. Iran was holding 10 U.S. Navy sailors and their two boats, similar to the one in this picture, on Jan. 12, 2016, after the boats had mechanical problems and drifted into Iranian waters. American officials have received assurances from Tehran that they will be returned safely and promptly. (LaTunya Howard/U.S. Navy via AP)
This Nov. 2, 2015, image provided by the U.S. Navy, shows Riverine Command Boat (RCB) 805 in the Persian Gulf. Iran was holding 10 U.S. Navy sailors and their two boats, similar to the one in this picture, on Jan. 12, 2016, after the boats had mechanical problems and drifted into Iranian waters. American officials have received assurances from Tehran that they will be returned safely and promptly. (Torrey W. Lee/U.S. Navy via AP)
In this Oct. 30, 2015, photo provided by the U.S. Navy, Riverine Command Boat (RCB) 805, along with its crew members, is shown transiting through rough seas during patrol operations in the Persian Gulf. Iran was holding 10 U.S. Navy sailors and their two boats, similar to the one in this picture, on Jan. 12, 2016, after the boats had mechanical problems and drifted into Iranian waters. American officials have received assurances from Tehran that they will be returned safely and promptly. (Torrey W. Lee/U.S. Navy via AP)
In this June 27, 2013, photo provided by the U.S. Navy, a Riverine Command Boat assigned to Coastal Riverine Squadron (RIVRON) 4, Task Group 56.7.4, transits open water in the Persian Gulf. (Mass Communication Specialist 1st Class Peter Lewis/U.S. Navy via AP)
This Nov. 2, 2015, image provided by the U.S. Navy, shows Riverine Command Boat (RCB) 805 in the Persian Gulf. Iran was holding 10 U.S. Navy sailors and their two boats, similar to the one in this picture, on Jan. 12, 2016, after the boats had mechanical problems and drifted into Iranian waters. American officials have received assurances from Tehran that they will be returned safely and promptly. (Torrey W. Lee/U.S. Navy via AP)
In this Feb. 23, 2013, photo provided by the U.S. Navy, sailors assigned to Riverine Squadron (RIVRON) 2 perform an âEâ stop while conducting patrol operations. Iran was holding 10 U.S. Navy sailors and their two boats, similar to the one in this picture, on Jan. 12, 2016, after the boats had mechanical problems and drifted into Iranian waters. American officials have received assurances from Tehran that they will be returned safely and promptly. (Blake Midnight/U.S. Navy via AP)
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He said the U.S. has made it clear that it will "vigorously press sanctions against Iranian activities" outside the terms of the nuclear agreement. Szubin cited Iran's "support for terrorism, regional destabilization, human rights abuses, and ballistic missile program."

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Also Sunday, Secretary of State John Kerry said in a statement that the U.S. and Iran had settled a dispute over $400 million in Iranian money dating back to before the 1979 Islamic Revolution and end of diplomatic ties. The Iranians also get $1.3 billion in interest. At issue was money used by Iran to buy military equipment from the U.S. before the break in ties between the countries.

U.N. experts said in a report in December that the missile test in October violated sanctions banning Iran from launches capable of delivering nuclear weapons. The U.S. also believes there was a November missile test.

U.S. officials have said the Treasury planned to announce the penalties in late December, but held off after Iran's foreign minister said they could have derailed the prisoner exchange that took place this weekend.

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