US imposes sanctions on Iran's Shadow network
The United States has imposed new sanctions on Iran targeting 17 oil tankers and related networks, aimed at cutting off funding sources for Iran's military, chemical, and electronic activities, especially the support for the Revolutionary Guard. This move comes as part of an economic sanctions campaign designed to reduce Iranian oil exports and limit Tehran's revenue. Estimates indicate that Iran currently has around 20 million barrels of oil on vessels outside the scope of the sanctions, while global consumption reaches nearly 100 million barrels per day. These sanctions are the strongest to date, in an effort to neutralize Iran's "Shadow Fleet" network, which Iran uses to illegally transport oil.
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