United States has sanctioned eight vessels involved in transporting Iranian crude oil and petrol products. The US Treasury Secretary, Scott Bessent, made

WASHINGTON, May 28 - The U.S. said on Thursday it has imposed new sanctions on Iran's military oil trade, even as Washington and Tehran reached a tentative agreement to extend their ceasefire and lift restrictions on shipping through the Strait of Hormuz. Read more at straitstimes.com. Read more at straitstimes.com.

WASHINGTON, May 28 - The U.S. said on Thursday it has imposed new sanctions on Iran's military oil trade, even as Washington and Tehran reached a tentative agreement to extend their ceasefire and lift restrictions on shipping through the Strait of Hormuz. Read more at straitstimes.com. Read more at straitstimes.com.

The U.S. imposes new sanctions on Iran's military oil sales and warns Oman against tolls in the Strait of Hormuz.

The U.S. Treasury Department announced new sanctions on targeting Iran’s military oil sales amidst tensions over ceasefire agreement between US and Tehran.

Fresh sanctions came amid reports that US and Iranian negotiators had reached a tentative 60-day memorandum of understanding (MoU) aimed at extending the fragile ceasefire and paving the way for formal negotiations on Iran’s nuclear programme.