US EditionUS targets Iran oil trade, Hezbollah with new sanctions
- The United States imposed sanctions on a business network that smuggles Iranian oil disguised as Iraqi oil, as well as sanctions targeting a Hezbollah-controlled financial institution.
- The network of companies run by Iraqi businessman Salim Ahmed Said has been buying and shipping billions of dollars worth of Iranian oil disguised as, or blended with, Iraqi oil since at least 2020.
- The Treasury Department also issued sanctions against several senior officials and one entity associated with the Hezbollah-controlled financial institution Al-Qard Al-Hassan.
56 Articles
56 Articles
Washington announces sanctions on six entities and four ships linked to the illegal export of crude oil, seeking to curb resources for destabilizing activities in Tehran and the Revolutionary Guard
U.S. Slaps Sanctions On Iran’s Oil Network, Shadow Fleet, And Hezbollah Financiers - Worthy Christian News
by Worthy News Jerusalem Bureau Staff (Worthy News) – The Trump administration on Thursday announced sweeping new sanctions aimed at crippling Iran’s oil revenue and its ability to fund terrorism and develop nuclear weapons. The State and Treasury Departments targeted six entities, four vessels, and a smuggling network led by Iraqi-British national Salim Ahmed Said for helping Iran covertly export oil and petrochemicals. Several companies in the…
The government in Washington is introducing new sanctions against Iran, aimed at networks that bought and transported Iranian oil worth billions of dollars, according to the US Treasury Department. According to US Treasury Secretary Scott Bessent, the aim is to increase economic pressure on Tehran. Part of the money has thus benefited the Iranian Revolutionary Guard. Furthermore, the sanctions are directed against several ships that are said to …
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 sanctioned for knowingly engaging in a significant transaction related to the purchase, acquisition, sale, transport, or marketing of petroleum, petroleum products, or petrochemical products from Iran. A…
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