US targets Iranian LPG smuggling network and shadow banking system

Washington, DC [US], June 6 (ANI): The US Department of the Treasury's Office of Foreign Assets Control (OFAC) on Friday said that it has sanctioned a network of individuals, entities, and vessels responsible for shipping hundreds of millions of dollars' worth of Iranian-origin liquid petroleum gas (LPG) intentionally disguised as Omani LPG to end users in South and East Asia.