The U.S. Treasury Department has imposed new sanctions on Iran, targeting nine oil tankers and eight entities. The sanctions come after fresh threats from President Donald Trump, who ordered the deployment of a military force toward the Middle East and announced a 25% tariff on any party dealing with Iran.
the U.S. Treasury announced a new package of Iran-related sanctions targeting nine oil tankers and eight entities, according to Reuters.
This move follows Trump’s renewed threats against Iran on Thursday, raising concerns that he might take military action that could disrupt crude oil supplies.
Earlier in the day, President Donald Trump declared that he had ordered a massive military force to move toward the Middle East, noting that it is “heading toward Iran.”
Trump also announced the imposition of tariffs amounting to 25% on any party dealing with Iran, stressing that they would take effect “very soon.”
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