US Imposes Sanctions on Iranian Oil Network
In its statement, the department said 15 entities, two individuals, and 14 vessels associated with Iran’s so-called “shadow fleet” are being sanctioned:
"These targets have generated revenue that the regime uses to conduct its malign activities,"
Officials criticized Tehran for diverting resources from domestic needs, claiming that instead of investing in the welfare of its population or addressing deteriorating infrastructure, the Iranian government continues to fund destabilizing actions abroad and intensify repression at home.
The State Department warned that Washington will maintain pressure and continue targeting efforts to evade sanctions, aiming to prevent Iran from using oil and petrochemical revenues to support “oppressive behavior, terrorist activities and proxies.”
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.