
U.S. Treasury Dept imposes massive sanctions against Iranian shipping network
San Francisco, July 31 (UNI) The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on Wednesday announced massive sanctions against some individuals, entities and vessels allegedly linked to an Iranian oil-shipping network. The package is designating “more than 50 individuals and entities and identifying more than 50 vessels,” the Treasury Department said…