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Washington (CHATNEWSTV) – The United States has sanctioned 35 entities and vessels tied to the transportation of Iranian oil, aiming to disrupt a key source of revenue funding Iran’s nuclear program and regional aggression, the State Department announced Wednesday.
“The Iranian regime uses oil revenues to fund its nuclear program, missile and UAV development, support for terrorist proxies and partners, and to perpetuate conflict throughout the Middle East,” said State Department spokesperson Matthew Miller.
The latest measures build on sanctions announced in October following Iran’s attack on Israel earlier that month. These actions, authorized under Executive Order 13902, allow the Treasury Department to target a broader range of actors in Iran’s petroleum and petrochemical sectors.
Miller emphasized the Biden administration’s commitment to curtailing Iran’s ability to finance destabilizing activities, in line with the objectives of the Stop Harboring Iranian Petroleum Act (SHIP Act). “As long as Iran devotes its energy revenues to funding attacks on our allies, supporting terrorism around the world, and pursuing other destabilizing actions, we will continue to use all the tools at our disposal to hold the regime accountable,” he said.
The sanctions come amid heightened tensions following Tehran’s nuclear escalations and increased aggression in the region. Miller underscored that the United States would maintain close coordination with international partners to counter Iran’s malign activities.
The sanctioned entities and vessels are expected to face severe restrictions, further isolating Iran’s petroleum sector. This latest move signals a renewed effort to disrupt Iran’s financial lifelines and address its broader regional ambitions.
