US Imposes New Sanctions on Iran's Military Oil Sales; Warns Oman
The U.S. Treasury has imposed fresh sanctions targeting Iran's military oil sales and warned Oman against facilitating passage through the Strait of Hormuz. Secretary Scott Bessent issued the directive, emphasizing financial restrictions.
U.S. Treasury Secretary Scott Bessent also warns Oman not to engage in facilitating tolls for Strait of Hormuz