The United States on Friday imposed sanctions on nine vessels of what is known as the shadow fleet and eight related firms, the U.S. Treasury Department said, as the Trump administration sought to escalate pressure on Iran over the recent killing of protesters, APA reports, citing Reuters.
The Treasury said the vessels and their respective owners or management firms, which include entities based in India, Oman and the United Arab Emirates, have collectively transported hundreds of millions of dollars’ worth of Iranian oil and petroleum products to foreign markets.
The Treasury said the revenue belongs to the Iranian people, but is instead diverted to fund "regional terrorist proxies, weapons programs, and security services, instead of the basic economic services the Iranian people have bravely demanded."
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