Publish Date: 3 December 2024 - 23:34

The US Department of Treasury has imposed new sanctions against the Islamic Republic of Iran on Tuesday.

The Biden administration on Tuesday ramped up its sanctions on Iran, targeting 35 entities and vessels that it said transported Iranian petroleum to foreign markets.

Such sanctions target key sectors of Iran's economy.

The United States has placed the names of several companies in various countries on the Treasury Department's blacklist in connection with Iran sanctions laws.