The United States has imposed a significant new package of sanctions targeting Iran's oil and petrochemical trade. The U.S. State Department took action against several companies, individuals, and vessels across Qatar, Singapore, Hong Kong, UAE, and the Marshall Islands for facilitating illicit transactions. These steps aim to block revenue used by Iran for military activities and regional instability. Additionally, the Treasury Department sanctioned a network moving millions of barrels of oil that directly funds the Islamic Revolutionary Guard Corps (IRGC). The crackdown involves eight shipping companies and eight specific vessels declared as blocked property. https://jantaserishta.com/news/us-imposes-major-sanctions-on-irans-oil-trade-targeting-several-companies-and-ships-4735883 #creator program