US announces new sanctions on Iran's "ghost fleet" of ships and companies

The United States on Friday announced new sanctions on Iran's "ghost fleet" of ships and companies connected to Iran's energy sector in response to Tehran's recent attack on Israel. Iran's "ghost fleet" of ships and companies in the United Arab Emirates, Liberia and Hong Kong and other jurisdictions that allegedly obfuscate and transport Iranian oil for sale to buyers in Asia are now sanctioned. Meanwhile, the U.S. State Department designated a system of companies based in Suriname, India, Malaysia and Hong Kong for allegedly arranging for the sale and transport...