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US Sanctions Iran's Oil Network, Targets Shamkhani Family

Published 1 week, 1 day ago
Description

U.S. Treasury imposes fresh sanctions on Irans oil shipping network, targeting Mohammad Hossein Shamkhani and his family, accused of profiting from oil transport while Iranians suffer. Sanctions also hit Seyed Naiemaei Badroddin Moosavi, linked to Hezbollah funding, and firms involved in oil-for-gold laundering schemes. These moves signal increased pressure on Irans shadow economy amid regional tensions.

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