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New sanctions on Iran's covert fleet support
The U.S. Treasury Department has imposed sanctions on Karnakis & Karnakis Law Firm in Greece and Panama, alleging that they provided legal support to the Iranian shipping sector. Additionally, the Financial Crimes Enforcement Network issued a subpoena to a Greek bank to investigate possible links to Iran, and requested information from six European banks regarding their dealings with Iranian financial institutions subject to sanctions.
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