World

U.S. imposes sanctions on Iran over missile attack against Israel

Oct 12, 2024

Washington [US], October 12: The United States announced Friday sanctions targeting Iran's energy trade in light of the Oct. 1 ballistic missile attack launched by the country against Israel.
According to a statement issued by the Department of State, the department "is imposing sanctions on six entities engaged in Iranian petroleum trade and identifying six vessels as blocked property."
Meanwhile, the Department of the Treasury "is issuing a determination that will lead to the imposition of sanctions against any person determined to operate in the petroleum or petrochemical sectors of the Iranian economy," the statement said.
"Additionally, Treasury is sanctioning ten entities and identifying 17 vessels as blocked property for their involvement in shipments of Iranian petroleum and petrochemical products in support of U.S.-designated entities National Iranian Oil Company or Triliance Petrochemical Co. Limited," the statement added.
U.S. National Security Advisor Jake Sullivan said in a statement that the above measures "will help further deny Iran financial resources used to support its missile programs and provide support for terrorist groups that threaten the United States, its allies, and partners."
Source: Xinhua

More news

AWS, IDFC FIRST Bank, and Campus Fund Conclude Grand Challenge 2025, Celebrating India's Best Student Startups

Mumbai (Maharashtra) [India], January 6: AWS, IDFC FIRST Bank, and Campus Fund have successfully concluded Grand Challenge 2025, India's flagship national platform for student entrepreneurship. The Grand Finale was held in Mumbai on December 10, 2025, bringing together India's most promising student founders. Powered by 360 ONE and Base, the sixth edition of the program brought together student founders building category-defining startups across AI, deeptech, climate, healthcare, consumer, mobility, and industrial innovation.

Jan 06, 2026