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US Imposes Fresh Sanctions Targeting Iran Oil Trade, Hezbollah

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U.S. Treasury Secretary Scott Bessent speaks to reporters on the U.S. Capitol on Capitol Hill in Washington on June 27, 2025. Elizabeth Frantz/Reuters

WASHINGTON—The USA imposed sanctions on Thursday towards a community that smuggles Iranian oil disguised as Iraqi oil and on a Hezbollah-controlled monetary establishment, the Treasury Division stated.

A community of firms run by Iraqi-British nationwide Salim Ahmed Mentioned has been shopping for and delivery billions of {dollars} price of Iranian oil disguised as, or blended with, Iraqi oil since no less than 2020, the division stated.

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