Watch All Shows Victor Davis Hanson Tony Kinnett Daily Signal Signal Sitdown

Watch All Shows Victor Davis Hanson Tony Kinnett Daily Signal Signal Sitdown

Home – Iran News – US Issues New Iran-Related Sanctions Targeting Insurers, More Tankers

US Issues New Iran-Related Sanctions Targeting Insurers, More Tankers

The United States on Wednesday issued another round of Iran-related sanctions, taking aim at Iran’s efforts to “monetize the Strait of Hormuz” with designations of 10 entities and eight more tankers, the Treasury Department said.

Six of the entities targeted for sanctions were based in China, it said.

The sanctions followed a vow by President Donald Trump earlier on Wednesday to hit Iran hard, according to an interview with Fox News, after the U.S. military said it had intercepted multiple ballistic missiles launched by Iran toward American forces in the Middle East. The United States and Saudi Arabia jointly struck Iran-backed ​groups in Iraq on Wednesday.

Treasury’s Office of Foreign Assets Control designated two firms, the Persian Gulf Marine Insurance Co and HormuzSafe Marine Services Authority, which it said were........

© The Daily Signal