Washington DC [US], May 29 (ANI): The United States on Thursday (local time) announced a fresh round of sanctions targeting Iran's so-called 'shadow oil economy', accusing Tehran of illicit oil revenues to finance the Islamic Revolutionary Guard Corps (IRGC), regional proxy groups and military activities across West Asia. In a statement, US Department of State spokesperson Tommy Pigott said the new measures are
US Imposes New Sanctions on Iran's Shadow Oil Economy, Alerts Global Traders
The US has imposed new sanctions on Iran's shadow oil economy, citing the financing of the IRGC and military activities in West Asia. This move underscores ongoing tensions between the US and Iran regarding illicit oil revenues. The sanctions are aimed at disrupting Iran's financial networks and limiting its military capabilities.
👥 Key Players
⚡ Actions
📰 What Happened
US imposes new sanctions on Iran's shadow oil economy to target IRGC funding.
- United States sanction Iran's shadow oil economy
- United States accuse Iran
💡 Why It Matters
📚 Background
The US sanctions aim to disrupt Iran's financial channels supporting military activities.
📝 Key Evidence
🏷️ Entities Mentioned
Translated from the original and edited for English readers. View original source →
Translation confidence: 100%