US hits Iranian shipping network with major new sanctions
The US Treasury Department announced fresh sanctions for over 100 Iran-linked entities in move to place "maximum pressure" on the regime.
US TREASURY Secretary Scott Bessent speaks to the media as White House Press Secretary Karoline Leavitt looks on, earlier this month. Last month, Bessent threatened: ‘We will collapse Iran’s economy and eliminate its oil industry.’(photo credit: LEAH MILLIS/REUTERS)ByREUTERS