Treasury Sanctions Iraqi Oil Official as DOJ Probes $2.6 Billion Iran Trade Mystery
The U.S. ramped up Iran oil sanctions on two fronts Thursday. Treasury blacklisted Iraq’s Deputy Oil Minister and three Iran-backed militia leaders, whereas ABC News reported DOJ and CFTC probes into roughly $2.6 billion in suspiciously timed oil trades. Both threads belong to Operation Economic Fury, the marketing campaign squeezing Tehran’s income. OFAC’s targets allegedly…
