U.S. imposes new sanctions on oil smuggling network backing Iran's Quds Force


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

WASHINGTON (Reuters) - The United States on Thursday issued sanctions against an international oil smuggling network it accused of supporting Hezbollah and Iran's Quds Force, as Washington seeks to increase pressure on Tehran.

The U.S. Treasury Department in a statement said it designated members of the network that facilitated oil trades and generated revenue for Lebanon's Iran-backed Hezbollah and the Quds Force, an arm of Iran's Revolutionary Guards that operates abroad, both of which are under U.S. sanctions.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

South Korea official says shifting goalposts could block wartime command transfer from US
In Sri Lanka, human-elephant conflict takes deadly toll
U.S. stocks close drop as hot CPI revives Fed rate-hike bets
Costa Rica opens mega-prison as organized crime fight intensifies
Tanker reportedly hit by drone off Romania, no injuries reported
Feature: Made-in-China toy ball finds place in Finland's beloved "baby box"
Undercover documentary shows Reform UK candidates making racist, sexual and violent remarks
U.S. stocks close lower
Ukraine deposits seeds in Norway's Arctic vault for 1st time since 2022
Crude futures settle higher

Others Also Read