Washington, Nov 21 (UNI) United States on Thursday announced a sweeping new round of sanctions aimed at dismantling what officials describe as Iran’s sprawling illicit petroleum, shipping and aviation networks that bankroll the country’s military and regional proxy forces.

In a coordinated action, the State and Treasury departments designated dozens of companies, individuals, vessels and aircraft across multiple countries, including India, Panama, the UAE, the Seychelles and Germany, for allegedly helping Tehran move and sell sanctioned oil and petroleum products.

The State Department said it targeted 17 entities, individuals and vessels, while the Treasury Department’s Office of Foreign Assets Control (OFAC) imposed sanctions on 41 additional targets, intensifying Washington’s campaign

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