Washington — The Trump administration on Friday introduced one other spherical of sanctions focusing on the Iranian regime over its crackdown on peaceable protesters, this time taking intention at a “shadow fleet” of vessels that transport Iranian oil and petroleum merchandise.
The Treasury Division introduced the Workplace of Overseas Property Management is sanctioning 9 ships, in addition to their homeowners and administration companies. The Trump administration says that tons of of tens of millions of {dollars} in oil gross sales to overseas nations have been diverted to fund regional terrorist proxies and weapons packages.
The U.S. has additionally sanctioned tankers which have shipped oil from Venezuela, seizing not less than seven ships in latest weeks to implement a “quarantine” on the nation’s oil.
The brand new Iran sanctions are a continuation of the administration’s financial strain on the regime because it cracks down on residents demanding freedoms.
“The Iranian regime is engaged in a state of affairs of financial self-immolation — a course of that has been accelerated by President Trump’s most strain marketing campaign,” Treasury Secretary Scott Bessent stated in a press release. “Tehran’s determination to assist terrorists over its personal individuals has brought on Iran’s foreign money and dwelling circumstances to be in free fall. As we speak’s sanctions goal a crucial element of how Iran generates the funds used to repress its personal individuals.”
Final week, the Treasury Division sanctioned Iranian safety officers who it stated have been accountable for the crackdown.
Earlier this week, President Trump boasted that he stopped the executions of tons of of Iranian protesters, a declare Iran has disputed. Hundreds are believed useless amid the anti-government protests, though the reality has been tough to find out given the Iranian regime’s crackdown on entry to info.
