United States Imposes New Sanctions on Iran's Oil Shipping Network

The United States has sanctioned 17 vessels in Iran's "shadow fleet," aiming to disrupt its oil transport network. This action occurs amidst stalled talks between Washington and Tehran to end the ongoing conflict and reopen the Strait of Hormuz, which Iran has blocked. The situation, alongside reports of potential intensive strike plans despite President Trump's pre-election pause, contributes to fluctuating oil prices and heightened global economic concerns.