The United States has sanctioned several other banking institutions and a network of brokers selling Iranian oil in a new round of Iran-related sanctions. The US Treasury Department has sanctioned two offshore banks identified as Bank Malat and Bank Shahr, several exchange offices and trading companies, and a number of individuals accused of collaborating in the transfer of the Islamic Republic's oil revenues, including Ruhollah Razavi, of "Namani" the oil". The ministry announced on Thursday, October 15, that these actions are part of what is known as "economic exclusion", carried out with the aim of cutting off the Islamic Republic's access to international financial networks and preventing the transfer of Iran's oil revenues. You can read the full report on the Radio Farda website.

The United States has sanctioned several other banking institutions and a network of brokers selling Iranian oil in a new round of Iran-related sanctions. The US Treasury Department has sanctioned two offshore banks identified as Bank Malat and Bank Shahr, several exchange offices and trading companies, and a number of individuals accused of collaborating in the transfer of the Islamic Republic's oil revenues, including Ruhollah Razavi, of "Namani" the oil". The ministry announced on Thursday, October 15, that these actions are part of what is known as "economic exclusion", carried out with the aim of cutting off the Islamic Republic's access to international financial networks and preventing the transfer of Iran's oil revenues. You can read the full report on the Radio Farda website.