As Tehran continues the closure of the Strait of Hormuz amid the West Asia war, the United States has announced tighter sanctions against Iran’s oil industry.
The new measures target oil transport infrastructure, imposing sanctions on more than two dozen individuals, companies and ships operating within the network of petroleum shipping magnate Mohammad Hossein Shamkhani, son of security official Ali Shamkhani, an advisor to Iranian Supreme Leader Ali Khamenei, both of whom were killed on February 28, the first day of US-Israeli attacks and the start of the war.
Separately, US Treasury Secretary Scott Bessent said Washington does not plan to extend a temporary sanctions waiver that allowed the sale of Russian oil already at sea.
File Photo
