US eyes sanctions against Global Network it believes is shipping Iranian oil

The firms and individuals under scrutiny have been using ship-to-ship transfers of oil in waters that lie between Iraq and Iran and then forging documents to hide the origin of the cargo (Photo: Bloomberg) — The firms and individuals under scrutiny have been using ship-to-ship transfers of oil in waters that lie between Iraq and Iran and then forging documents to hide the origin of the cargo (Photo: Bloomberg)

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7 min read . Updated: 01 Aug 2022, 06:01 PM IST Ian Talley, The Wall Street Journal

Biden administration weighs potential new measures amid plans to restart talks to halt Tehran’s nuclear program

WASHINGTON : The U.S. is considering sanctions that would target a United Arab Emirates-based businessman and a network of companies suspected of helping export Iran’s oil, part of a broader effort to escalate diplomatic pressure on Tehran as U.S. officials push to reach a deal on Iran’s nuclear program.

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