U.S. Treasury adds sanctions targeting Iran military oil exports
The Treasury Department imposed additional sanctions on Iranian oil sales intended to limit funding for military programs.
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Higher enforcement of sanctions can influence global energy prices that affect U.S. fuel costs and household budgets.
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The Treasury Department imposed additional sanctions on Iranian oil sales intended to limit funding for military programs.
The United States expanded sanctions on Iranian oil exports intended to support military spending. Officials stated the measures target reconstitution of armed forces.
The US Treasury sanctioned Iran's Hormuz strait authority after Tehran signaled possible closure of the waterway amid tensions with the US and Israel. Markets are watching for supply risks in global …