US sanctions target arms suppliers to Iran
The United States imposed sanctions on 10 individuals and entities involved in purchasing weapons and their components for the Iranian Ministry of Defense. Additionally, the Trump administration offered to lend energy companies 40 million barrels of oil from the Strategic Petroleum Reserve in an effort to control fuel prices that had risen due to the war with Iran and Russia's war in Ukraine. Washington had previously approved a loan of 172 million barrels of oil in March, and had only borrowed about 500,000 barrels of that amount in June.
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