CANADA FOREIGN MINISTER ANAND SAYS REIMPOSING SANCTIONS FOR CONTRIBUTING TO THE IRANIAN REGIME’S PROLIFERATION-SENSITIVE NUCLEAR ACTIVITIES.

Canada's Foreign Minister Anita Anand announced that Ottawa is reimposing sanctions on entities and individuals it says contribute to Iran's proliferation-sensitive nuclear activities. The move re-establishes restrictive measures tied to Iran's nuclear program, a channel that typically affects trade finance, correspondent banking, and exposure to Canadian-listed firms with Iranian counterparties rather than broad commodity flows. Direct market exposure is likely concentrated in sanctioned-linked shipping, defense and dual-use goods suppliers, and Canadian banks or payment intermediaries that face compliance costs and transaction restrictions. Traders will watch the Canada Gazette and Global Affairs Canada for the designated names and effective dates, since the scope of listed parties determines whether the impact remains marginal or spreads into energy and shipping counterparties.

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