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U.S. sanctions Iranian gas smuggling network
The U.S. Treasury Department has imposed sanctions on an Iranian liquefied petroleum gas smuggling network, targeting 12 entities and ships using front companies in the UAE and China to conceal the gas's source and transfer it to Asia, in an effort to evade U.S. sanctions. The sanctions aim to weaken informal financing networks and limit their access to global trade, continuing to exert pressure on Iran despite ongoing negotiations.
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