US says its sanctioning entities, individuals linked to Iran's oil economy

Middle East Eye · May 29, 2026 Sanctions

US says its sanctioning entities, individuals linked to Iran's oil economy The Department of State said it was sanctioning several entities, individuals "involved in the transportation of Iranian petroleum or petrochemical products". The department said that the move aims to "reduce revenue that the Iranian regime uses to attack its neighbors, support terrorism abroad, and oppress its own people".

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