[ad_1]
The United States has imposed expanded sanctions on Iran’s petroleum and petrochemical sectors in response to Iran’s missile attack on Israel, the Treasury Department announced on Friday. This move is aimed at increasing financial pressure on Iran to limit its ability to earn critical energy revenues and to prevent destabilization in the region. The new sanctions target key sectors of Iran’s economy to cut off financial resources that could support its nuclear and missile programs. Additionally, 16 entities and 17 vessels have been designated as blocked property for their involvement in shipments of Iranian petroleum and petrochemical products in support of the National Iranian Oil Company.

[ad_2]
SOURCE