Afghanistan, May 20 -- The United States Department of the Treasury announced new sanctions Wednesday targeting 12 individuals, 29 entities and 19 vessels linked to Iran, as Washington intensifies economic pressure on Tehran.
US Treasury Secretary Scott Bessent said Washington is coordinating with European allies to further restrict Iran's financial and trade networks, including companies involved in oil exports and sanctions evasion.
Bessent said the United States recently blocked digital assets connected to Iran and would continue targeting shipping companies and intermediary networks facilitating Iranian oil sales.
The new sanctions come amid heightened tensions in the Gulf region and growing concerns over maritime security in the Str...