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US imposed new sanctions targeting Iran oil trade: Treasury Dept
short by Aradhana Kalia / on 03 Jul 2025,Thursday
The US imposed sanctions on a business network that has been smuggling Iranian oil disguised as Iraqi oil since 2020, the US Treasury Department said. "US will continue to intensify economic pressure to disrupt the (Iranian) regime's access to the financial resources that fuel its destabilising activities," it added. Additionally, US has sanctioned a financial institution controlled by Hezbollah.
short by Aradhana Kalia / 10:03 pm on 03 Jul
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