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 US targets petrol tankers over Iran nuclear 'escalation'
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The United States announced sanctions on shipping companies for transporting Iranian oil in response to Iran's nuclear program actions, just before the presidential elections in Iran. Secretary of State Antony Blinken stated that Iran has announced steps to expand its nuclear program, prompting the US to impose sanctions to prevent Iran from obtaining a nuclear weapon. The sanctions target three shipping companies based in the US and block their assets in the country. The US already has a ban on other countries buying Iranian oil. The UN nuclear watchdog confirmed that Iran is expanding its nuclear capacities. Iran's government denies seeking a nuclear weapon. Elections for president in Iran are scheduled to take place after the death of conservative candidate Ebrahim Raisi.

#Us #Iran #Sanctions #NuclearProgram #ShippingCompanies #PresidentialElections

https://m.economictimes.com/news/international/world-news/us-targets-petrol-tankers-over-iran-nuclear-escalation/articleshow/111328354.cms