The United States imposed sanctions on more than 30 people and vessels for their role in selling and transporting Iranian petroleum-related products as part of Tehran's "shadow fleet," the Treasury Department said.
A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, Reuters/Kevin Lamarque
The United States imposed sanctions on more than 30 people and vessels for their role in selling and transporting Iranian petroleum-related products as part of Tehran's "shadow fleet," the Treasury Department said.
The sanctions target oil brokers in the United Arab Emirates (UAE) and Hong Kong, tanker operators and managers in India and China, the head of Iran's National Iranian Oil Company, and the Iranian Oil Terminals Company, Treasury said.
The sanctioned vessels ship tens of millions of barrels of crude oil valued in the hundreds of millions of dollars, the department said in a statement.
"Iran continues to rely on a shadowy network of vessels, shippers, and brokers to facilitate its oil sales and fund its destabilizing activities," said Treasury Secretary Scott Bessent.
The sanctions build on those imposed by the Biden administration.
Such sanctions target key sectors of Iran's economy with the aim of denying the government funds for its nuclear and missile programs. The move generally prohibits any U.S. individuals or entities from doing any business with the targets and freezes any U.S.-held assets.
Reporting by Katharine Jackson and Doina Chiacu
Lebanese Prime Minister Nawaf Salam delivered a sweeping and unusually candid interview to Saudi channel Al-Hadath Sunday evening, laying bare the full extent of Iran's direct military command over Hezbollah in Lebanon, and reaffirming his government's determination to end the conflict through direct negotiations with Israel.
The Israeli military eliminated Abu Khalil Bourji, commander of the special forces of Hezbollah's elite Al-Radwan Unit, along with two other fighters, in a precision airstrike on Majdel Selm in South Lebanon on Saturday.
The Israeli military announced Sunday the elimination of Walid Mohammad Dib, described as "a senior official in Hamas's financing system" responsible for "funding the organization's military activities in Lebanon », killed earlier in the week at an undisclosed location.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.