US Treasury announces new sanctions targeting Iranian individuals, companies and vessels

The US Treasury Department announced a new round of Iran-related sanctions in a statement issued on Wednesday evening, according to Mehr News. The measures target five individuals, four companies and nine vessels, the department said.

The statement did not, as reported, provide further detail on the identities of those designated or on the specific grounds cited for each listing. The announcement adds to the series of US sanctions imposed on Iranian entities and individuals in recent years.

In the same statement, the Treasury Department said it had extended a general license permitting the sale of foreign assets belonging to Russian oil giant Lukoil. The extension runs until November 21, according to the reports cited by Mehr News.

The two measures were announced together, though the statement as reported did not indicate whether they were linked. The Lukoil license extension concerns the company's foreign holdings, while the Iran-related designations cover the five individuals, four companies and nine vessels named by the Treasury.

Mehr News reported that the Treasury issued the statement on Wednesday evening and that it covered both the new Iran sanctions and the Lukoil license extension. The report did not include the names of the designated persons and entities, the legal basis for the designations, or any comment from Iranian officials.

According to Mehr News, the US Treasury Department announced the new Iran-related sanctions targeting five individuals, four companies and nine vessels, and extended the general license for the sale of Lukoil's foreign assets until November 21.