US Imposes Fresh Sanctions on Iranian Exchange House, Shadow Fleet Vessels

WASHINGTON, May 19 (Reuters) – The Trump administration on Tuesday imposed sanctions on an Iranian foreign currency exchange house and what it said were front companies overseeing transactions on behalf of Iranian banks as the U.S. maintains pressure on Tehran.

The move came after Iran said its latest peace proposal to the United States over the U.S.-Israeli led war that started February 28 involves ending hostilities on all fronts including Lebanon, the exit of U.S. forces from areas close to Iran, and reparations for destruction caused by the conflict.

The Treasury Department imposed sanctions on