US Hits Iranian Shipping Network With Major New Sanctions
Marshall Islands-based Meuse Shipping Inc.’s Palau-flagged tanker Iris transits Bosphorus in Istanbul on July 25, 2024. Yoruk Isik/Reuters WASHINGTON—The U.S. Treasury Department announced fresh sanctions on Wednesday on over 115 Iran-linked individuals, entities, and vessels, in a sign the Trump administration is doubling down on its “maximum pressure” campaign after bombing Tehran’s key nuclear sites