U.S. Imposes Sanctions on Iranian Shipping Network

(New York Times) Alan Rappeport - The U.S. on Wednesday imposed sanctions on an elaborate shipping network that Iran uses to sell oil, and unveiled a $15 million reward to anyone with information that disrupts the scheme. The Treasury Department placed sanctions on 26 individuals and "entities" affiliated with the Revolutionary Guards Quds Force, which has shipped $500 million worth of Iranian oil in the last year. The network is run by Rostam Ghasemi, Iran's former minister of petroleum.


2019-09-05 00:00:00

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