09:46 - 11.11.2026

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November 6, Fineko/abcnews. Canada has reinstated sanctions against 11 Iranian entities—including major state banks, energy firms, and insurance companies—citing Tehran's failure to meet its commitments under international nuclear agreements. The entities had previously been removed from the sanctions list in February 2016 following the JCPOA.

According to Global Affairs Canada, the targeted organizations include the National Iranian Oil Company (NIOC), National Iranian Tanker Company (NITC), Kala Naft, Naftiran Intertrade, Bank Mellat, Bank Melli Iran, the Industry and Mine Bank, Export Development Bank of Iran, and Iran Insurance Company.

Ottawa reiterated that Iran remains obligated under the Non-Proliferation Treaty (NPT) not to acquire or develop nuclear weapons.