U.S. links Iran's state oil company to Revolutionary Guards

WASHINGTON (Reuters) - The U.S. government officially linked Iran's state oil company to the country's Islamic Revolutionary Guard Corps on Monday, a determination that enables Washington to apply new sanctions on foreign banks dealing with the company. The Treasury Department determined that the National Iranian Oil Company is "an agent or affiliate" of the guard corps (IRGC), which the United ...

News source: Yahoo! News

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