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Iranian oil shipping network sanctioned by US

( May 13, 2025, 17:51 GMT | Official Statement) -- MLex Summary: The US Treasury Department's Office of Foreign Assets Control is sanctioning nearly two dozen firms operating in multiple jurisdictions in virtually every aspect of Iran’s illicit international oil trade. Many of the companies had ties to Sepehr Energy, which had been sanctioned in 2023 for assisting Iran's Ministry of Defense and Armed Forces Logistics.Statement follows below:...

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