Move targets vessels used by Iran to generate 'funds used to repress its own people', US treasury secretary says.

The U.S. Department of Treasury announced new sanctions on ships deemed to be part of Iran's "shadow fleet" of illegal oil ships and their companies.

Move targets vessels used by Iran to generate 'funds used to repress its own people', US treasury secretary says.

The US imposes sanctions on Iran's "shadow fleet" to curb oil exports funding repression amid ongoing protests.