Today: 29 August 2025
12 October 2024
1 min read

US Slaps Iran With Fresh Sanctions Over Attack On Israel

The State Department has imposed sanctions on six entities engaged in Iranian petroleum trade and identified six vessels as blocked property, reports Asian Lite News

The US has announced sanctions targeting Iran’s energy trade in light of the October 1 ballistic missile attack launched by the country against Israel.

According to a statement issued by the Department of State, the department “is imposing sanctions on six entities engaged in Iranian petroleum trade and identifying six vessels as blocked property”.

Meanwhile, the Department of the Treasury “is issuing a determination that will lead to the imposition of sanctions against any person determined to operate in the petroleum or petrochemical sectors of the Iranian economy,” the statement said as reported by Xinhua news agency.

“Additionally, Treasury is sanctioning 10 entities and identifying 17 vessels as blocked property for their involvement in shipments of Iranian petroleum and petrochemical products in support of US-designated entities National Iranian Oil Company or Triliance Petrochemical Co. Limited,” the statement added.

US National Security Advisor Jake Sullivan said in a statement that the above measures “will help further deny Iran financial resources used to support its missile programs and provide support for terrorist groups that threaten the US, its allies, and partners”.

ALSO READ: Modi a ‘Total Killer’ in Defending India, Says Trump

Previous Story

Cricket Breaks Boundaries Like Never Before

Next Story

IDF Expresses ‘Deep Concern’ After Attack On UN Peacekeepers

Latest from -Top News

UAE champions global water cooperation at Stockholm

The United Arab Emirates reaffirmed its leadership role in advancing global water security through active participation in the 35th World Water Week in Stockholm…reports Asian Lite News The UAE emphasised that water

Egypt, UAE forge strong Arab unity

The Prime Minister emphasised that continued consultation and coordination between Cairo and Abu Dhabi are central to dealing with issues of common concern…reports Asian Lite News Egyptian Prime Minister Mostafa Madbouli has

Dubai Airshow to unveil flying future

Dubai Airshow 2025 will redefine the future of flight, showcasing eVTOLs, vertiports, and global innovations as the UAE cements itself as a leader in advanced air mobility….reports Asian Lite News Dubai is

Culture, careers and courage define Emirati women

The forum drew nearly 700 participants, including senior officials, government executives, academics and business leaders….reports Asian Lite News The Emirati Women’s Forum, held under the patronage of Her Highness Sheikha Manal bint

Power women take centre stage in Dubai

The forum marked the tenth anniversary of Emirati Women’s Day…reports Asian Lite News The Emirati Women’s Forum brought together leading voices from government, diplomacy, business, innovation, and youth to celebrate the achievements
Go toTop

Don't Miss

Garcetti: 60% surge in US visas for Indians

Addressing a conference of the Indo-American Chamber of Commerce, Garcetti

Iran’s fuel shipments violate Lebanon’s sovereignty: Mikati

The Tehran-aligned group began bringing tanker trucks carrying fuel from