US Keeps Up ‘Maximum Pressure’ on Iran With New Oil Sanctions

The US took fresh steps to restrict the trade of Iranian oil, keeping up pressure on Iran even as President Donald Trump signaled possible relief after bombing its nuclear facilities.

The Treasury and State departments on Thursday announced separate sanctions on companies and a “shadow fleet” of vessels that help Iran export its crude.

The Treasury Department’s sanctions target a network of businesses accused of buying and transporting billions of dollars worth of Iranian oil. The list includes several companies that allegedly sell oil from Iran to Western buyers by falsely declaring their shipments as Iraqi, as well as their ...