US imposes sanctions on network for transporting Iranian oil
"By targeting Iran’s oil revenue stream, Treasury will further degrade the regime’s ability to carry out attacks against the United States and its allies," Treasury Secretary Scott Bessent said.
A drone view shows oil tankers loading crude oil at the Basra Oil Terminal in Iraqi territorial waters, off the coast of Basra, Iraq, August 5, 2025. REUTERS/Mohammed Aty(photo credit: REUTERS/Mohammed Aty)ByREUTERS