US Imposes Fresh Sanctions On Iranian Oil Network WASHINGTON, April 16 (Bernama-Anadolu) — The United States imposed new sanctions targeting Iranian oil smuggling and financing networks, the Treasury Department said in a statement on Wednesday, Anadolu Ajansi reported. The Treasury Department said it sanctioned more than two dozen individuals, companies and vessels connected to the network, as well as an alleged financier involved in exchanging Iranian oil for Venezuelan gold to benefit Hezbollah and Iran’s Islamic Revolutionary Guard Corps (IRGC). The State Department said in a separate statement that the action aims to “decisively limit Iran’s ability to generate revenue” as shipping through the Strait of Hormuz remains […]

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