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The United States has imposed new sanctions targeting eight oil tankers and ten companies, including six entities based in China and Hong Kong, in an effort to increase pressure on Iranian energy exports and the shipping and insurance networks associated with them. The sanctions include two Iranian companies accused by Washington of participating in a maritime insurance system supported by the Revolutionary Guards, as well as tankers that transported millions of barrels of Iranian crude oil and petroleum products, mostly to China and the UAE. These measures come amid heightened security tensions between Washington and Tehran, following the Revolutionary Guards' launch of ballistic missiles toward U.S. forces in the Middle East, and the U.S. President’s confirmation of the potential use of force against Iran if necessary. The sanctions also target Iranian insurance companies using cryptocurrencies to bypass Western restrictions, according to the U.S. Treasury Department.
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