Treasury sanctions entities enabling Iranian oil sales and ballistic missile production

Published



The Treasury Department sanctioned over 30 entities, vessels, and individuals enabling Iranian oil sales and ballistic missile production on Wednesday, ahead of an important meeting over the Islamic regime’s nuclear ambitions.

The new sanctions target Iran’s “shadow fleet” vessels, which are alleged to transport petroleum and petroleum products to foreign nations in order to gain substantial revenue for funding terrorist groups and weapons programs. The Trump administration has previously levied sanctions against Iran’s shadow fleet as part of its pressure campaign.

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