The Trump administration has issued another round of Iran-related sanctions targeting eight tankers and 10 entities, according to a notice posted on the US Treasury Department’s website.
The sanctions are the latest in a series of “maximum pressure” measures Washington has imposed on Iran’s oil trade and “shadow fleet” in recent months, as the Treasury Department seeks to cut off revenue it says funds Tehran’s weapons programmes and regional proxies.
The move comes as tensions in the Middle East soar with the United States and Iran trading attacks, and desperately needed energy supplies not reaching markets with the Strait of Hormuz in effect closed.