The US State Department has said the economic penalties are necessary to ‘stem the flow of revenue’ to Tehran.
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The United States has sanctioned 14 nautical vessels as part of what it calls a “shadow fleet” circumventing restrictions on the transport of Iranian oil and petroleum products.
In addition, the country’s Department of State also announced sanctions against two people and 15 entities — including ship management companies based in countries like China, Liberia and Turkiye — for having “traded in Iranian-origin crude oil, petroleum products or petrochemical products”.
