US Treasury sanctions network of front companies smuggling Iranian oil

JNS·Jun 5

✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source

The US Treasury has imposed sanctions on a network of front companies involved in smuggling Iranian oil products. The network is reportedly smuggling liquefied petroleum gas, or LPG, with some outlets specifying that the smuggling is targeted at Asia. The sanctions are part of a broader effort to pressure Iran, with some outlets suggesting that the move comes as talks are faltering.

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US Treasury sanctions network of front companies smuggling Iranian oil

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