This is an entry from: Live: US and Iran say peace deal reached, signing planned in Geneva
US says its sanctioning entities, individuals linked to Iran's oil economy
29 May 2026 03:25 BST
The Department of State said it was sanctioning several entities, individuals "involved in the transportation of Iranian petroleum or petrochemical products".
The department said that the move aims to "reduce revenue that the Iranian regime uses to attack its neighbors, support terrorism abroad, and oppress its own people".