New U.S. Sanctions on Iran Target Oil Revenues Feeding Military ...Middle East

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New U.S. Sanctions on Iran Target Oil Revenues Feeding Military
The U.S. Department of Treasury has slapped sanctions on an additional 20 entities, including Iranian Sepehr Energy and individuals and companies globally, in connection to the facilitation of finances that support Iran’s military.  Sepehr is targeted in the newest sanctions package for allegedly serving as a front company for Iranian government oil sales, which the Treasury department says is funding Iran’s “destabilizing regional activities” and supporting “multiple regional proxy groups”, including…

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