US imposes new sanctions on Iran’s ‘shadow fleet’ of oil tankers

1 day ago 2

The latest US sanctions are portion of an effort to disrupt Iran’s usage of lipid gross to concern its atomic programme.

Published On 3 Dec 2024

The United States has piled connected further sanctions against Iran targeting 35 entities and vessels that it says are portion of a “shadow fleet of vessels” transporting cargoes of Iranian petroleum to overseas markets.

The sanctions are akin to those antecedently imposed 2 months ago successful effect to Iran’s October 1 rocket onslaught connected subject sites successful Israel and to its announced atomic escalations, the US Department of the Treasury said connected Tuesday successful a statement.

“Iran continues to funnel revenues from its petroleum commercialized toward the improvement of its atomic program, proliferation of its ballistic rocket and unmanned aerial conveyance technology, and sponsorship of its determination violent proxies, risking further destabilizing the region,” Acting Undersecretary for Terrorism and Financial Intelligence Bradley Smith said successful a statement.

“The United States remains committed to disrupting the shadiness fleet of vessels and operators that facilitate these illicit activities, utilizing the afloat scope of our tools and authorities,” Smith added.

Iranian lipid and petrochemicals are already nether dense US sanctions.

The latest sanctions volition frost the entities’ assets successful the US and mostly marque it amerciable for Americans to prosecute successful fiscal transactions with them.

Tehran fired a barrage of missiles at Israel connected October 1 successful retaliation for the sidesplitting of Hamas main Ismail Haniyeh successful Tehran and the assassinations of Hezbollah person Hassan Nasrallah and an Iranian wide successful Beirut.

Iran’s envoy to the United Nations, Amir Saeid Iravani, said aft the killing of Haniyeh that his state “stands afloat prepared to support its sovereignty and territorial integrity against immoderate aggression targeting its captious interests and security”.

Iran has warned that if an “energy war” were to start, the satellite would suffer astir 12 cardinal barrels of lipid regular – astir 10 percent of planetary production.

Source

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Al Jazeera and quality agencies

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