Pursuant to this determination, the Treasury may impose sanctions on any person determined to operate in the petroleum and petrochemical sectors of the Iranian economy'.

The US Treasury Department responded to Iran’s attack on Israel by extending its sanctions on the country to the petrochemical and petroleum product sectors. The department also put another 17 ships on its sanctions list, describing the move as aiming at Iran’s “ghost” fleet.

The US has imposed new sanctions on Iran's energy sector following an October attack on Israel. The sanctions target entities involved in transporting Iranian oil, aiming to cut financial resources for missile programs and terrorist support.