US Announces New Sanctions On Iranian Oil

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The US imposed new sanctions on Iran’s oil sector over sales to Syria and Venezuela, according to a statement Monday.

The Department of the Treasury sanctioned several entities, including the National Iranian Oil Company, Iran’s petroleum ministry and the National Iranian Oil company, by linking them to the Iranian Revolutionary Guards Corps’ (IRGC) elite Quds Force.

Several Iranian individuals were also named in the statement for facilitating oil sales between Iran and other countries.

Read more at i24NEWS.



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