The U.S. Department of the Treasury has increased sanctions on 35 Iranian vessels and ship management companies, targeting the petroleum industry.

The US sanctioned 35 entities and vessels Tuesday that it said play a critical role in the shadow fleet transporting illicit Iranian oil to foreign markets.

The United States administration announced on Wednesday the imposition of new sanctions on 35 entities and ships connected to Iran's "shadow fleet" involved in the illegal export of oil. As reported by Reuters on Wednesday,

The United States recently imposed sanctions on 35 entities and vessels, including two companies from India, for transporting Iranian Oil to other countries. This action is part of the US’s ongoing efforts to target Iran’s oil exports,