The US imposes sanctions on 35 entities linked to Iran.

The United States has imposed a new wave of sanctions on 35 entities and individuals linked to Iran, targeting networks involved in oil smuggling, financial evasion, and support for regional proxies.

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This latest round aims to further tighten the economic noose on Tehran amid the ongoing naval blockade and tensions in the Strait of Hormuz. The sanctions specifically target shipping companies, financial facilitators, and entities helping Iran circumvent existing restrictions.

The move signals Washington’s continued “maximum pressure” campaign, which could further boost Bitcoin’s appeal as a neutral, sanctions-resistant asset for international trade and capital preservation.