The United States has intensified its pressure on Iran by imposing sanctions on the country’s Oil Minister, Mohsen Paknejad, and certain Hong Kong-flagged vessels that have been aiding in hiding Iranian oil exports. This development was announced by the Treasury Department on Thursday, as part of an ongoing strategy to curtail Iran’s oil exports to prevent funding for nuclear weapon development and militant groups. The approach reflects a continuation of the ‘maximum pressure’ policy re-imposed by President Donald Trump in February.
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