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US issues fresh Iran-related sanctions targeting state oil sector

October 27, 2020 / 1:30 AM
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Sharjah 24 – Reuters: The United States on Monday imposed fresh Iran-related sanctions targeting the Islamic Republic's oil sector, including the Iranian Ministry of Petroleum, in Washington's latest action to increase pressure on Tehran.
Also blacklisted in Monday's move targeting individuals and entities are the National Iranian Oil Company (NIOC), and the National Iranian Tanker Company (NITC), according to a statement from the U.S. Treasury Department.
October 27, 2020 / 1:30 AM

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