And notice…
(1) is an agent, instrumentality, or official of, is affiliated with, or is serving as a representative of the Government of Iran; and
(2) presents a threat to the United States or is affiliated with terrorist organizations.
That would mean both requirements would have to be fulfilled or “is an agent, instrumentality, or official of, is affiliated with, or is serving as a representative of the Government of Iran AND presents a threat to the United States or is affiliated with terrorist organizations.”