The United States has unveiled new sanctions targeting Iran’s energy sector in retaliation for Tehran’s October 1 missile attack on Israel, which involved approximately 180 projectiles. The sanctions, announced Friday, aim to further restrict Iran’s ability to finance its missile programs and support for militant groups.
The measures focus on Iran’s “ghost fleet” of ships and associated companies across multiple jurisdictions, including the United Arab Emirates, Liberia, and Hong Kong, which allegedly facilitate the covert transport and sale of Iranian oil to Asian buyers. Additionally, the U.S. State Department has designated a network of companies based in Suriname, India, Malaysia, and Hong Kong for their alleged involvement in arranging the sale and transport of Iranian petroleum products.
National Security Advisor Jake Sullivan stated that these sanctions “will help further deny Iran financial resources used to support its missile programs and provide support for terrorist groups that threaten the United States, its allies, and partners.”
The new restrictions are designed to block sanctioned entities from accessing the U.S. financial system and prohibit American citizens from engaging in business with them. However, the implementation of energy sanctions remains a delicate issue, as limiting supplies could potentially drive up global commodity prices.
This action comes amid escalating tensions between Iran and Israel, with both countries engaging in a series of retaliatory strikes. Iran claimed its October attack was in response to recent Israeli operations against the Iran-backed Hezbollah in Lebanon.
Treasury Secretary Janet Yellen emphasized the U.S. government’s resolve, stating, “The United States will not hesitate to take further action to hold Iran accountable.”
As regional tensions continue to rise, these sanctions represent the latest effort by the United States to exert pressure on Iran and its allies while supporting Israel’s security interests.
AP
