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US extends sanctions on Iran’s oil industry over attacks on Israel

The finance ministry said in a statement that it was targeting Iran’s so-called “shadow fleet” – vessels involved in selling Iranian oil to evade existing sanctions – and ‘ they named 10 companies and 17 ships as “closed assets” for their involvement in “Iranian oil. and in shipments of petrochemical products’.

The State Department said it was sanctioning six other companies and six vessels for “knowingly engaging in a significant transaction to buy, receive, sell, transport or trade Iranian oil or petroleum products.”

The sanctions are part of the US response to an attack by Iran, in which it fired about 200 ballistic missiles at Israel in retaliation for the killing of a Tehran-backed militant leader and a general in Iran’s Revolutionary Guard.

Israel has said its response to Iran’s second direct attack on its territory this year will be “lethal, precise and stunning”.

2024-10-11 19:36:00 #extends #sanctions #Irans #oil #industry #attacks #Israel
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