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Trump hits Iran with more oil sanctions

US hits Iran's 'shadow fleet' and oil smuggling network with sanctions
The Treasury Department is targeting vessels in Iran's "shadow fleet" and the operators of an Iran-Iraq oil smuggling network in its latest sanctions.
US sanctions network for smuggling Iranian oil under Iraqi cover
The U.S. Treasury has sanctioned a network led by Iraqi businessman Salim Ahmed Saeed for allegedly smuggling billions in Iranian oil under an Iraqi cover.
US Keeps Up ‘Maximum Pressure’ on Iran With New Oil Sanctions
The US took fresh steps to restrict the trade of Iranian oil, keeping up pressure on Iran even as President Donald Trump signaled possible relief after bombing its nuclear facilities.
US targets Iran oil trade, Hezbollah with new sanctions
The State Department announced Wednesday it would target entities and individuals connected to Iran and Hezbollah with new sanctions. Six entities and four vessels associated with Iran were
Treasury Department sanctions business networks that disguise Iranian oil as Iraqi
The sanctions are directed at a network of companies run by Iraqi businessman Salim Ahmed Said "that have been selling Iranian oil falsely declared as Iraqi oil since at least 2020."
Illicit Iranian oil networks hit with Treasury Department sanctions
The Treasury Department is targeting Iranian networks that allegedly buy and transport billions of dollars worth of Iranian oil in violation of international sanctions.
US Sanctions Iraqi Businessman Over Role in Iranian Oil Smuggling Network
Thursday’s sanctions fall under Executive Order 13902, which targets key sectors of Iran’s economy, including petroleum and petrochemicals, and Executive Order 13224.
Treasury sanctions Hezbollah financiers, Iranian oil ‘shadow fleet’
Iran “has had every opportunity to choose peace, its leaders have chosen extremism,” stated Scott Bessent, the U.S. treasury secretary.The post Treasury sanctions Hezbollah financiers, Iranian oil ‘sh
US sanctions Iraqi network over Iranian oil smuggling
ERBIL, Kurdistan Region - The US Treasury Department on Thursday imposed sanctions on an Iraqi network accused of smuggling “billions of dollars’ worth of Iranian oil”, as well as a Lebanese Hezbollah-linked financial institution and its officials.
Oil Edges Higher After U.S. Takes Measures to Curb Trade of Iranian Oil
Oil edged higher in the early morning Asian session after the U.S. took measures to curb the trade of Iranian oil.
US imposes new sanctions on Iranian oil exports post-ceasefire with Israel
The US has imposed a fresh round of sanctions targeting Iranian oil exports, marking the first sanctions on Tehran's energy sector since a Washington-backed ceasefire between Israel and Iran took effect last month.
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New US Sanctions on Iran Increase Pressure on Iraq
Trump’s strategy appears to be twofold: pressure Tehran to negotiate and pull Iraq into the Western orbit, countering China ...
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Trump administration targets more tankers with sanctions in bid to rein in shadow fleet
Treasury gave the same reason for blacklisting the 299,000-dwt Bianca Joysel (built 2002) and its owner, British Virgin ...
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How a growing "shadow fleet" poses risks to the economy — and the environment
Shadow fleets, groups of tanker ships used by sanctioned nations like Iran and Russia to move oil, comprise an estimated 17% ...