Advisers to United States President-elect Joe Biden believe the Trump administration is trying to make it harder for Biden’s Democratic administration to re-engage with Iran.

The United States Department of the Treasury blacklisted two Iranian foundations controlled by Supreme Leader Ayatollah Ali Khamenei and their subsidiaries, a hardline move by the Trump administration in the week it has left in office [File: Iranian Supreme Leader’s Website/AFP]

The United States on Wednesday blacklisted two Iranian foundations controlled by Supreme Leader Ayatollah Ali Khamenei and their subsidiaries, saying the institutions enabled Iran’s elite to sustain a “corrupt” system of ownership over large parts of the economy.

The designations announced by the US Department of the Treasury target Execution of Imam Khomeini’s Order (EIKO) and Astan

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