strikeApr 16, 2026

US announces new sanctions on Iranian oil as it holds Hormuz 'hostage'

Summary

The United States announced Wednesday it is tightening sanctions against Iran's oil industry as Tehran keeps up its closure of the Strait of Hormuz as part of the Mideast war.

Source: SECTIONS US announces new sanctions — Read the full report

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SECTIONS US announces new sanctionsBy SECTIONS US announces new sanctions
The United States announced Wednesday it is tightening sanctions against Iran's oil industry as Tehran keeps up its closure of the Strait of Hormuz as part of the Mideast war. The new punishment targets oil transport infrastructure by slapping sanctions on more than two dozen peo…

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