U.S. announces new sanctions targeting Iran, Cuba

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The U.S. Treasury Department on Friday announced sanctions targeting Omani national Mahmood Rashid Amur Al Habsi and his companies, saying they're "involved in an international oil CL00, -0.49% smuggling network that supports Iran's Islamic Revolutionary Guard Corps-Qods Force" and that group's "destabilizing regional activities." The department also announced sanctions on three Cuban government officials, saying it was the third round of sanctions since protests started in Cuba on July 11, as the Treasury "continues to aggressively target persons in connection with actions to suppress peaceful, pro-democratic protests."

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