US targets Iran oil trade, Hezbollah with new sanctions
The State Department announced on Wednesday that it would target entities and individuals connected to Iran and Hezbollah with new sanctions.
Six entities and four vessels associated with Iran were sanctioned for knowingly engaging in a significant transaction related to the purchase, acquisition, sale, transport, or marketing of petroleum, petroleum products, or petrochemical products from Iran.
A network of companies is run by Iraqi businessman Salim Ahmed Said, according to State Department spokesperson Tammy Bruce.
“Concurrently, the........
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