US unveils fresh sanctions on Iranian oil trade network 

The Biden administration on Wednesday issued a new round of sanctions targeting an international network it says facilitated the sale of hundreds of millions of dollars' worth of Iranian oil and petrochemical products to East Asia. 

Secretary of State Antony Blinken said in a statement that the State and Treasury departments designated 15 individuals and entities located in Iran, Vietnam, Singapore, the United Arab Emirates and Hong Kong for supporting “Iranian energy trade generating millions of dollars’ worth of illicit revenue.”