US Announces New Sanctions Against Iran Oil Sector
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The United States announced Wednesday it is tightening sanctions against Iran’s oil industry as Tehran keeps up its closure of the Strait of Hormuz as part of the Mideast war.
The new punishment targets oil transport infrastructure by slapping sanctions on more than two dozen people, companies, and ships that operate within the network of petroleum shipping magnate Mohammad Hossein Shamkhani, the Treasury Department said.
“Treasury is moving aggressively with ‘Economic F
The United States announced Wednesday it is tightening sanctions against Iran’s oil industry as Tehran keeps up its closure of the Strait of Hormuz as part of the Mideast war.
The new punishment targets oil transport infrastructure by slapping sanctions on more than two dozen people, companies, and ships that operate within the network of petroleum shipping magnate Mohammad Hossein Shamkhani, the Treasury Department said.
“Treasury is moving aggressively with ‘Economic F
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