US imposes new Iran-related sanctions on 12 entities
The US Treasury Department issued new sanctions on Friday targeting 12 entities and six vessels. The move affects firms based in the UAE, China, and Panama.
The United States sanctioned 12 entities, several individuals, and six liquefied petroleum gas (LPG) tankers on Friday. The U.S. Treasury Department targeted maritime assets and firms across the Marshall Islands, the United Arab Emirates, and China. The move aims to disrupt trade networks linked to Iran through the designation of specific vessels and management firms.
