U_S__Imposes_Sanctions_on_Iran_After_Missile_Attack_on_Israel

U.S. Imposes Sanctions on Iran After Missile Attack on Israel

The United States has announced new sanctions targeting Iran’s energy trade in response to a ballistic missile attack allegedly launched by Iran against Israel on October 1.

In a statement released on Friday, the U.S. Department of State declared, “We are imposing sanctions on six entities engaged in Iranian petroleum trade and identifying six vessels as blocked property.”

Meanwhile, the Department of the Treasury is taking further action to restrict Iran’s energy sector. “The Treasury is issuing a determination that will lead to the imposition of sanctions against any person determined to operate in the petroleum or petrochemical sectors of the Iranian economy,” the statement said.

Additionally, the Treasury announced sanctions against ten entities and identified 17 vessels as blocked property. These measures target those involved in the shipment of Iranian petroleum and petrochemical products in support of previously designated entities, including the National Iranian Oil Company and Triliance Petrochemical Co. Limited.

U.S. National Security Advisor Jake Sullivan commented on the new sanctions, stating that these actions “will help further deny Iran financial resources used to support its missile programs and provide support for terrorist groups that threaten the United States, its allies, and partners.”

The sanctions are part of a broader U.S. strategy to curtail Iran’s missile development and its alleged support for organizations designated as terrorist groups by the United States. This move underscores the escalating tensions in the Middle East and highlights the complexities of international relations in the region.

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