Singaporean shipbroking firm added to Washington’s blacklist over ties to Iran

The Office of Foreign Assets Control (OFAC) of the US Treasury Department has blacklisted an Indian national and the Singaporean shipbroking firm he runs in the latest swathe of Iranian-linked sanctions announced yesterday.

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Iran building underground nuclear facility says UN watchdog

Inspectors from the UN’s atomic watchdog have confirmed Iran has started building an underground centrifuge assembly plant after its previous one exploded in what Tehran called a sabotage attack over the summer, the agency’s head told The Associated Press on Tuesday.

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Iranian spy ship commands strategic position on vital oil route

The Red Sea forms a physical and geopolitical choke point on much of the world’s trade. At its northern end the Suez Canal constricts the flow of ships, and at the southern end the Bab el-Mandeb Strait does. Millions of barrels of oil and other critically important goods transit the Red Sea every year, much of it destined for North America and Europe.

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U.S. issues fresh Iran-related sanctions targeting state oil sector

The United States on Monday imposed fresh Iran-related sanctions targeting the Islamic Republic’s oil sector, including the Iranian Ministry of Petroleum, in Washington’s latest action to increase pressure on Tehran.

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