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The Trump administration on Thursday announced its first round of new sanctions on Iran since the ceasefire that ended the 12-day US-Israeli war on the country, signaling the so-called “maximum pressure campaign” against Tehran will continue.
The US Treasury Department said it targeted an Iraqi businessman and a “network” of companies he runs over allegations that they’re involved in purchasing Iranian oil.
“Treasury will continue to target Tehran’s revenue sources and intensify economic pressure to disrupt the regime’s access to the financial resources that fuel its destabilizing activities,” said Treasury Secretary Scott Bessent…
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