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US sanctions Iran oil trade, warns Oman on Hormuz (opens in new tab)

The United States imposed new sanctions on Iran’s military-linked oil trade and on an Iranian maritime authority involved in regulating passage through the Strait of Hormuz, while warning Oman not to help any toll system for ships using the waterway. The Treasury Department sanctioned eight vessels carrying Iranian crude oil and petroleum products, including the Marshall Islands-flagged Flora, the Comoros-flagged Hauncayo and the Panama-flagged Ill Gap, and more than 15 entities in Hong Kong,...

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