Washington, Feb. 6 -- The United States on Friday imposed sanctions on 15 entities targeting Iranian petroleum and petrochemical products, accusing Iran of using the funds for "destabilising activities" worldwide and in response to the protests in the country.

A statement by Tommy Pigott, the Principal Deputy Spokesperson of the US State Department, noted, "The Department of State is sanctioning 15 entities, two individuals, and 14 shadow fleet vessels connected to the illicit trade in Iranian petroleum, petroleum products, and petrochemical products. These targets have generated revenue that the regime uses to conduct its malign activities. "

The statement said, "Instead of investing in the welfare of its own people and crumbling infra...