US imposes sanctions on Iranian oil minister and entities in latest pressure move
Trump has called for new nuclear deal with Tehran while reinstating his maximum pressure policy of sanctions


(AFP): The US Treasury Department on Thursday issued sanctions against Iranian Petroleum Minister Mohsen Paknejad, the latest move in President Donald Trump's drive to exert "maximum pressure" on Tehran.
The sanctions also designated three entities engaged in the Iranian oil trade in China, and named three shipping vessels as blocked property for their use in the transactions.
"The Iranian regime continues to use the proceeds from the nation's vast oil resources to advance its narrow, alarming self-interests at the expense of the Iranian people," US Treasury Secretary Scott Bessent said in a statement.
Since returning to the White House in January, Trump has called for a new nuclear deal with Tehran while reinstating his "maximum pressure" policy of sanctions.
"Treasury will fight and disrupt any attempts by the regime to fund its destabilizing activities and further its dangerous agenda," said Bessent. The identified vessels were used to transfer Iranian crude oil off the coast of Nipa, Indonesia, on December 25, 2024, according to the State Department.
PDMA Punjab issues fresh flood alert after India releases more water into Sutlej River
- an hour ago

Punjab acquires airlift drone to evacuate people trapped in floods
- 2 hours ago

Karachi: 7 people drown in Konkar River, 2 bodies found
- an hour ago

Horrific in incident in Islamabad, three family members killed
- 4 hours ago

Floods in Punjab; Death toll rises to 76, over 4.2mn people affected
- 2 hours ago

Karachi: Thadu Dam, rivers overflow, water enters settlements, army called in
- 4 hours ago

Pakistani cricketers also play their part to help flood victims
- 3 hours ago

Govt to protect industrialists from NAB, FIA, and FBR
- 3 hours ago

District Admin seizes 400 tonnes of wheat from Warehouses in Mandi Bahauddin
- an hour ago

Renowned singer Hadiqa Kayani reaches out to help flood victims
- 31 minutes ago

4 flights canceled, 33 delayed due to administrative issues
- an hour ago

Canada to send $2.6mn in aid for Pakistan flood victims
- an hour ago