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HomeOil and GasU.S. Broadens Sanctions on Iran’s Oil Sector, Targeting 'Ghost Fleet' of Illicit...

U.S. Broadens Sanctions on Iran’s Oil Sector, Targeting ‘Ghost Fleet’ of Illicit Tankers

The U.S. has expanded sanctions against Iran’s petroleum and petrochemical sectors in response to a missile attack on Israel. The new measures target Iran’s ‘ghost fleet’ of oil tankers involved in illicit oil shipments, aiming to cut off financial resources for Iran’s missile programs and terrorist activities.
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