Washington targets Iranian fuel smuggling
The United States has imposed new sanctions on Iranian fuel smuggling and sales networks as part of its policy of "maximum pressure" on Iran. The sanctions target a complex network involved in smuggling liquefied petroleum gas worth hundreds of millions of dollars through shell companies in the UAE and China, as well as an Iranian exchange office and its operators, to facilitate the transfer of oil sales and support their illicit financial transactions. These measures are part of efforts to cut off Iran’s funding sources and put additional pressure on Tehran, even as Washington continues to enforce sanctions despite diplomatic efforts concerning Iran’s nuclear dossier.
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