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US imposes fresh sanctions on Iran’s military oil sales

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US imposes fresh sanctions on Iran’s military oil sales

The US said on Thursday it has imposed new sanctions on Iran’s military oil trade.

Axar.az informs, citing Reuters, the Treasury Department said it had sanctioned eight vessels involved in transporting Iranian crude oil and petroleum products to global markets.

The vessels included the Marshall Islands-flagged oil tanker Flora, the Comoros-flagged crude oil tanker Hauncayo and the Panama-flagged tanker Ill Gap.

“We will not allow the Iranian government to increase its oil revenue for the purpose of reconstituting its armed forces and military capabilities,” Treasury Secretary Scott Bessent said in a release.

The US also imposed sanctions on more than 15 entities including Worth Seen Energy Limited in Hong Kong, Symphony Shipping and Maritime Management Inc in Dubai, and Mehdiyev Trading Co, also in Hong Kong.

Date
2026.05.29 / 14:14
Author
Axar.az
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