The United States expanded sanctions against Iran's petroleum and petrochemical sectors on Friday in response to an Iranian missile attack on Israel, the administration of President Joe Biden said.

The U.S. announced new sanctions on Iran’s oil and petrochemicals sectors in response to the country’s Oct. 1 ballistic-missile attack on Israel.

The US took fresh steps to restrict the trade of Iranian oil, keeping up pressure on Iran even as President Donald Trump ...

The Treasury Department is targeting vessels in Iran's "shadow fleet" and the operators of an Iran-Iraq oil smuggling network ...

The United States imposed a fresh round of sanctions targeting Iran's oil industry on Monday, hitting more than 30 brokers, tanker operators, and shipping companies for their role in selling and ...

The US Government has announced new sanctions targeting Iran's petroleum and petrochemical sectors following the country's missile strike on Israel, reported the Economic Times.

US President Donald Trump hinted at potentially easing Iran oil sanctions to aid the nation's reconstruction, even while maintaining a "maximum pressure" strategy. Trump suggested China could ...

The State Department announced Wednesday it would target entities and individuals connected to Iran and Hezbollah with new ...

Additional sanctions were added on several other Chinese companies who have been accused of being part of Iran’s “shadow fleet,” secretly facilitating Iranian oil shipments.

Tougher enforcement of sanctions would likely require targeting Chinese firms shipping Iranian crude, it said, as China buys nearly 90% of Iran's crude-oil exports.

'Pursuant to this determination, the Treasury may impose sanctions on any person determined to operate in the petroleum and petrochemical sectors of the Iranian economy'.

Tougher enforcement of sanctions would likely require targeting Chinese firms shipping Iranian crude, it said, as China buys nearly 90% of Iran's crude-oil exports.