- Sputnik International, 1920
World
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

US Imposes Sanctions on Iranian Oil Network

© AP Photo / Ernesto VargasIranian oil tanker Fortune is anchored at the dock of the El Palito refinery near Puerto Cabello, Venezuela, Monday, May 25, 2020.
Iranian oil tanker Fortune is anchored at the dock of the El Palito refinery near Puerto Cabello, Venezuela, Monday, May 25, 2020. - Sputnik International, 1920, 21.11.2025
Subscribe
The US Treasury's Office of Foreign Assets Control (OFAC) sanctioned several companies that allegedly facilitate Iranian crude oil sales.
"Disrupting the Iranian regime’s revenue is critical to helping curb its nuclear ambitions," said Secretary of the Treasury Scott Bessent.
The OFAC also targeted 6 vessels and the Iranian airline Mahan Air.
President Donald Trump speaks before posthumously awarding the Presidential Medal of Freedom to Charlie Kirk in the Rose Garden of the White House, Tuesday, Oct. 14, 2025, in Washington - Sputnik International, 1920, 17.11.2025
World
Trump Backs Bill Sanctioning Any Country Cooperating With Russia
Earlier, the United States imposed sanctions on Russia's major oil companies, Lukoil and Rosneft, as well as their subsidiaries, over the country's alleged lack of commitment to ending the Ukraine conflict.
"Today, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) is imposing further sanctions as a result of Russia’s lack of serious commitment to a peace process to end the war in Ukraine ... Today’s action targets Russia’s two largest oil companies, Open Joint Stock Company Rosneft Oil Company (Rosneft) and Lukoil OAO (Lukoil), which are now designated," the department said in a statement, adding that a number of their Russia-based subsidiaries are also being designated.
Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала