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Washington increases sanctions on Tehran

Washington increases sanctions on Tehran

The United States has imposed a new round of sanctions on companies and individuals across several countries, including Lebanon and Iraq, in an effort to strengthen its pressure on Iran and affiliated organizations such as Hezbollah and Kataib Hezbollah. These sanctions are part of the "economic exclusion" policy announced by the Treasury Department in August, targeting entities accused of supporting Iran-backed allied groups. The department has also issued directives to deny most licensing related to Iran. Meanwhile, military escalation continues, as Revolutionary Guard forces attacked an unmanned American boat in the Strait of Hormuz. Iranian oil exports have significantly declined due to sanctions and maritime blockades, dropping to approximately 200,000 barrels per day compared to 1.8 million barrels at the start of the year. This has also led to a devaluation of the Iranian rial and rising food prices. Additionally, the increasing influence of the Houthis in Yemen and their advances along the Red Sea coast pose a new challenge to global shipping routes.

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