Feb. 25 (UPI) -- The Treasury Department's Office of Foreign Assets Control announced sanctions Wednesday on more than 30 people, entities and vessels that it said are "enabling illicit Iranian petroleum sales and Iran's ballistic missile and advanced conventional weapons production."
The sanctions are part of the federal government's pressure campaign against Iran.
The vessels targeted are part of Iran's "shadow fleet," which the department said in a press release "serve as the regime's primary source of revenue for financing domestic repression, terrorist proxies and weapons programs."
"Iran exploits financial systems to sell illicit oil, launder the proceeds, procure components for its nuclear and conventional weapons programs and support its terrorist proxies," said Secretary of Treasury Scott Bessent in a statement. "Treasury will continue to put maximum pressure on Iran to target the regime's weapons capabilities and support for terrorism, which it has prioritized over the lives of the Iranian people."
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