An Iranian Emad rocket is launched as it is tested at an undisclosed location October 11, 2015. REUTERS/farsnews.com/Handout via Reuters
WASHINGTON (Reuters) - U.S. President Barack Obama's administration is preparing new sanctions on international companies and individuals over Iran's ballistic missile programme, sources familiar with the situation said on Wednesday.
The Wall Street Journal reported earlier that the potential sanctions would target about 12 companies and individuals in Iran, Hong Kong and the United Arab Emirates (UAE) for their suspected role in developing Iran's ballistic-missile programme.
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