U.S. soon to announce new sanctions on Iran oil exports -official

FILE PHOTO: Iran's and U.S.' flags are seen printed on paper in this illustration taken January 27, 2022. REUTERS/Dado Ruvic/Illustration

WASHINGTON (Reuters) - The United States on Thursday planned to announce sanctions targeting Iran's oil exports, a U.S. official said.

The official confirmed a report by Bloomberg News that said the sanctions will focus on entities facilitating the oil trade, and will be part of broader plan to step up sanctions on Tehran in coming weeks.