US Hits Iranian Shipping Network With Major New Sanctions

Date:

US Hits Iranian Shipping Network With Major New Sanctions

Marshall Islands-based Meuse Shipping Inc.’s Palau-flagged tanker Iris transits Bosphorus in Istanbul on July 25, 2024. Yoruk Isik/Reuters

WASHINGTON—The U.S. Treasury Department announced fresh sanctions on Wednesday on over 115 Iran-linked individuals, entities, and vessels, in a sign the Trump administration is doubling down on its “maximum pressure” campaign after bombing Tehran’s key nuclear sites in June.

The sanctions broadly target the shipping interests of Mohammad Hossein Shamkhani, the son of Ali Shamkhani, who is himself an adviser to Supreme Leader Ayatollah Ali Khamenei. The U.S. Treasury said it was the most significant Iran-related sanctions action since 2018, during President Donald Trump’s first administration.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Chinese Observatory Tried to Install Intelligence-Capable Space Equipment in New Zealand, Officials Say

New Zealand’s intelligence service said it disrupted an attempt...

Swans Shore up Second Spot With Win Over Bombers

Errol Gulden of Sydney runs forward during the AFL...

Visa Slowdown for Backpackers Amid Calls to Slash Migration

The processing of backpacker visas has been slowed down...

US Mortgage Rates Fall for First Time in 6 Weeks

The weekly average rate on a 30-year fixed-rate mortgage...