September 3, 2025 11:37 AM
US imposes sanctions on network for transporting Iranian oil
The U.S. Treasury Department on Tuesday sanctioned a network of shipping companies and vessels led by an Iraqi-Kittitian businessman for smuggling Iranian oil disguised as Iraqi oil. The administration of President Donald Trump is keeping pressure on Iran while nuclear talks have stalled. A sixth round of negotiations was suspended after the start of a 12-day war in June. A senior Iranian official said on Tuesday that the path to nuclear negotiations is not closed but U.S. demands for curbs on...