💨 Abstract

The United States has imposed additional sanctions on Iran's petroleum and petrochemical sectors, following Iran's missile attack on Israel. This action aims to limit Iran's ability to earn energy revenues, allegedly used to destabilize the region and attack U.S. allies. The Treasury Department has also designated 16 entities and identified 17 vessels for their involvement in supporting the National Iranian Oil Company.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖