US Imposes New Iran Oil Sanctions, Targets 14 Vessels After Oman Talks

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Moneycontrol•06-02-2026, 22:30
US Imposes New Iran Oil Sanctions, Targets 14 Vessels After Oman Talks
- •The United States announced fresh sanctions on Iran's oil exports, targeting 14 vessels and multiple entities.
- •The move came shortly after indirect talks between Washington and Tehran concluded in Oman.
- •US State Department spokesperson Tommy Pigott stated Iran uses oil revenues to fund destabilizing activities and repression.
- •Sanctions were imposed on 15 entities and two individuals linked to Iran’s energy trade network.
- •The renewed sanctions reflect Washington's policy to restrict Iran's oil sales, intensified during Trump's earlier term.
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