U.S. imposes fresh sanctions on Iran’s military oil sales, says Treasury
AI Summary
The U.S. Treasury has imposed new sanctions targeting Iran's military oil sales and cautioned Oman against facilitating tolls through the strategically important Strait of Hormuz. These measures underscore heightened geopolitical tensions in the Persian Gulf region.
U.S. Treasury Secretary Scott Bessent also warns Oman not to engage in facilitating tolls for Strait of Hormuz