An Iranian missile in front of portrait of the Islamic Republic’s Supreme Leader. US is delaying its plan to impose sanctions on Iran over its ballistic missile program. Photo: Iranian Government.

The White House has delayed its plan to impose new financial sanctions on Iran for its ballistic missile program, according to US officials, amid growing tensions with Iran over the nuclear deal struck earlier this year.

The officials said the Obama administration remains committed to combating Iran’s missile program and that sanctions being developed by the US Treasury Department remain on the table. They also said imposing such penalties was legal under the landmark nuclear agreement forged between global powers and Iran in July.

Read full story at The Wall Street Journal.