Commodities
US Targets Three Iranian Oil Tankers Amid Escalating Tensions
The United States has targeted three Iranian oil tankers in a move that could escalate tensions between the two nations.
According to reports, the US has imposed sanctions on the tankers, which are believed to be linked to Iran's Revolutionary Guard Corps (IRGC).
The IRGC is a branch of the Iranian military that is responsible for its missile program and other strategic operations. The US has previously blacklisted several IRGC-affiliated entities over concerns about their involvement in ballistic missile development.