( July 3, 2025, 14:59 GMT | Official Statement) -- MLex Summary: The US Treasury Department's Office of Foreign Assets Control has sanctioned networks that have collectively transported and purchased billions of dollars’ worth of Iranian oil, some of which has benefited Iran’s Islamic Revolutionary Guard Corps-Qods Force, according to a release. Among the entities sanctioned today is a network of companies run by Iraqi businessman Salim Ahmed Said that profit from smuggling Iranian oil disguised as, or blended with, Iraqi oil, as well as vessels engaged in the covert delivery of Iranian oil.Statement follows below:...
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