US announces sanctions targeting Iran's petroleum, petrochemical sectors over Israel attack
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On October 12, 2024, the US announced new sanctions against Iran's petroleum and petrochemical sectors in response to Iran's October 1 missile attack on Israel. Secretary of State Antony Blinken stated that the sanctions aim to disrupt revenue streams used by Iran to fund its nuclear program and support terrorist proxies. The sanctions include measures against 16 entities involved in Iranian petroleum trade and the blocking of 23 vessels. The US Treasury, led by Secretary Janet Yellen, imposed additional sanctions on 10 entities and identified 17 vessels linked to Iranian petroleum shipments. Blinken emphasized the US commitment to holding Iran accountable for its destabilizing activities in the Middle East.
#Us #Iran #Sanctions #Israel #Petroleum #MiddleEast #Blinken #Yellen #MissileAttack #Terrorism
https://www.newindianexpress.com/world/2024/Oct/12/us-announces-sanctions-targeting-irans-petroleum-petrochemical-sectors-over-israel-attack
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