US Imposes New Sanctions on Iran Following Ceasefire in 12-Day War

The United States has announced a new wave of sanctions on Iran, marking the first punitive measures against Tehran following the recent ceasefire that ended a 12-day conflict between Iran and Israel.

The sanctions target Iran’s oil sector, maritime shipping networks, and financial channels linked to groups the U.S. has designated as terrorist organizations. Among those sanctioned is Iraqi businessman Salim Ahmed Said and his UAE-based company, accused of helping smuggle Iranian oil disguised as Iraqi crude, as well as vessels operating as part of a “shadow fleet” moving Iranian oil to international markets.

The U.S. Treasury also sanctioned senior financial officials tied to Hezbollah, claiming they facilitated millions of dollars in transactions to support the group’s regional activities. Officials said these actions are part of an effort to limit funds that could be used to destabilize the region and to disrupt networks aiding Iran in bypassing existing sanctions.

Treasury Secretary Scott Bessent stated that while the ceasefire provided an opportunity for de-escalation in the region, it does not change the U.S. commitment to countering Iran’s oil revenue streams that fund its military and proxy groups. He emphasized that the sanctions aim to maintain pressure on Tehran while diplomatic channels remain open for discussions on broader security and nuclear concerns.

The announcement signals that the U.S. intends to maintain its sanctions-driven approach alongside diplomatic efforts, reflecting Washington’s dual strategy of containment and negotiation with Iran following the recent conflict.

With input from Al Jazeera.