New Round of U.S. Sanctions on Iran

Golden Finance reported that on October 22, local time October 21, the U.S. Department of the Treasury's website revealed that the United States has imposed a new round of sanctions on Iran. The U.S. Department of the Treasury issued a statement indicating that, as part of its "economic isolation efforts," it has sanctioned law firms headquartered in Panama and Greece. The statement noted that these firms have supported Iran's illegal shipping activities for years, indirectly helping Tehran generate revenue and "funding Iran's military, weapons, and nuclear programs." The statement also pointed out that the U.S. Department of the Treasury sanctioned shipping agencies headquartered in Singapore and the United Arab Emirates on the same day, stating that these agencies directly assisted in the operation of Iran's "shadow fleet." Additionally, the statement mentioned that the day's actions targeted a group of cargo vessels generating revenue for Iran. (CCTV)