US Imposes Fresh Sanctions on Iran’s Military Oil Sales, Treasury Says


Source: usnews.com usnews.com
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WASHINGTON, May 28 (Reuters) – The U.S. ?said ?on Thursday it ?has imposed new sanctions on Iran’s military ?oil trade, even as Washington and Tehran reached ?a tentative agreement to extend ?their ceasefire and lift restrictions on ?shipping through ?the Strait of Hormuz. The Treasury Department said it ?had sanctioned eight vessels involved in transporting Iranian crude oil and petroleum products to global markets. The vessels ?included the Marshall Islands-flagged oil tanker Flora, the ?Comoros-flagged crude ?oil tanker Hauncayo ?and ?the Panama-flagged tanker Ill Gap. “We will not allow the ?Iranian government to ?increase its oil revenue for the purpose…

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