International

US Targets Iran with Fresh Sanctions on 27 Companies and 22 Vessels

Hindustan Times1h
THE BRIEF
1

The United States announced sanctions on Thursday targeting 27 companies, six individuals, and 22 vessels under Operation Economic Outcast to disrupt Iran's oil trade.

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Treasury Secretary Scott Bessent stated the measures aim to neutralize Iran's remaining shadow fleet of ageing tankers used to transport petroleum products.

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The State Department also sanctioned 10 entities, six individuals, and five vessels involved in Iranian petroleum and petrochemical trade.