U.S. Expands Sanctions on Iran’s Oil Trade Targeting Global Network
The Trump administration imposes sanctions on over 30 individuals, entities, and vessels to curb Iran's oil exports and funding of destabilizing activities.
- The sanctions target individuals and entities across China, India, the UAE, and other regions involved in transporting and brokering Iranian oil sales.
- Key Iranian officials, including the CEO of the National Iranian Oil Company and managers of major oil terminals, are among those sanctioned.
- The U.S. Treasury and State Departments identified and blocked 13 vessels used to ship tens of millions of barrels of crude oil worth hundreds of millions of dollars.
- These measures are part of President Trump's 'maximum pressure' campaign to reduce Iran's oil exports to zero and prevent nuclear weapon development.
- The sanctions aim to cut off funding for Iran's nuclear program, missile development, and support for regional militant groups.
Washington Examiner 
United States Department of State 
South China Morning Post 
Fox News 
Hindustan Times 
UPI 
Newsweek 
Spectator 
