U.S. Tightens Grip on Iran’s Oil Trade with New Sanctions
Published on: May 29, 2026, 3:03 a.m. | Source: Devdiscourse
The U.S. has imposed new sanctions on Iran's oil trade, targeting eight vessels linked to transporting Iranian crude. While talks progress on a ceasefire, President Trump has not yet approved the agreement. The sanctions aim to prevent Iran from boosting military funding through increased oil revenues.
