From The Straits Times · · 40s
US Sanctions Iran's Shadow Fleet
US targets Iran's oil transport fleet with new sanctions to cut funding for military and cyber operations.
In brief
US targets Iran's oil transport fleet with new sanctions to cut funding for military and cyber operations. US imposed sanctions on 17 Iranian vessels and networks to disrupt oil sales and fund military activities. Originally reported by The Straits Times.
US imposes sanctions on Iran
The Trump administration targeted 17 vessels and networks for transporting iran's crude oil and petrochemicals.
“the treasury department said”
Operation Economic Outcast
The program aims to cut iran's funding for war missile construction cyberattacks and the irgc.
“the treasury department said”
Iran's oil reserves under blockade
Iran has about 20 million barrels of crude oil on vessels outside the us blockade.
“a treasury official said”
The key point
US imposed sanctions on 17 Iranian vessels and networks to disrupt oil sales and fund military activities.
