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US issues first wave of Iran sanctions after ceasefire in 12-day war | Israel-Iran conflict News

3 July 2025
in World
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US issues first wave of Iran sanctions after ceasefire in 12-day war | Israel-Iran conflict News
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Washington imposes financial penalties on an Iraqi businessman who it says helped smuggle Iranian oil.

Washington, DC – The US imposed sanctions on Iraqi businessman Salim Ahmed Said for allegedly smuggling Iranian oil, marking the first penalties against Iran’s energy sector since a ceasefire with Israel. Despite earlier indications of potential sanction relief following the ceasefire, President Trump reversed course after Iranian leaders claimed victory over Israel, intensifying economic pressure on Tehran.

Explain It To Me Like I’m 5: The United States is punishing an Iraqi businessman for helping to sneak Iranian oil, which is part of their effort to stop Iran from causing trouble.

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Tags: 12dayCeaseFireConflictDonald TrumpEconomyIranIsrael-Iran conflictIsraelIranissuesMiddle EastNewsOil and GassanctionsUnited StatesUS & CanadaWarWave
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