US Imposes New Sanctions on Iranian Financial and Shipping Networks

The United States has imposed new sanctions on Iran, targeting individuals, currency exchanges, and vessels linked to the nation’s financial and shipping networks. According to a statement from the US Treasury Department, the measures are aimed at a covert financial system that helps Iran generate billions of dollars annually from oil and petrochemical sales. The move is part of a broader American strategy to increase economic pressure on Tehran. In a related action, the US seized a tanker named ‘Sky Blue’, which was allegedly involved in transporting Iranian oil.