US Sanctions Iran Oil Exports, 14 Vessels Targeted After Oman Talks

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News18•06-02-2026, 22:42
US Sanctions Iran Oil Exports, 14 Vessels Targeted After Oman Talks
- •US imposes fresh sanctions on Iran's oil exports, targeting 14 vessels, including those flagged from Turkey, India, and UAE.
- •Sanctions announced after indirect talks between US and Iran concluded in Oman amid escalating tensions.
- •State Department spokesperson Tommy Pigott states Iran uses oil revenue to fund destabilizing activities and repression.
- •An Indian entity, Elevate Marine Management Private Limited, and its director, Akash Anant Shinde, also sanctioned for transporting Iranian petroleum products.
- •All property and interests of sanctioned persons in the US or controlled by US persons are blocked and must be reported to OFAC.
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