State, Treasury Departments reimposes ‘maximum pressure’ sanctions on Iran’s oil trade
The U.S. State Department and Department of the Treasury reimposed what they describe as ‘maximum pressure’ sanctions on Iran’s ‘shadowy’ oil trade on Monday as tensions between Tehran and Washington remain high after President Donald Trump took office last month. The State Department designated 16 entities and vessels part of a ‘network of illicit shipping facilitators’ that ‘obfuscates and deceives its role in loading and transporting Iranian oil for sale to buyers in Asia,’ spokesperson...