Washington, D.C. — The United States has imposed fresh sanctions on Iran’s oil industry, targeting 16 entities and vessels involved in its petroleum and petrochemical trade. The move is part of an ongoing effort to cut off Iran’s oil revenue, which U.S. officials say funds terrorism and destabilizing activities.
The sanctions, announced by the State Department and the Treasury’s Office of Foreign Assets Control (OFAC), also block 13 vessels and penalize 22 individuals across multiple countries. According to U.S. officials, these entities use deceptive shipping practices to transport Iranian oil to buyers in Asia, moving millions of barrels worth hundreds of millions of dollars.
The crackdown aligns with Washington’s "maximum pressure" strategy aimed at curbing Iran’s influence. “As long as Iran uses its energy revenue to support terrorism and destabilize the region, we will continue to take action,” a State Department spokesperson said.
The sanctions fall under Executive Orders 13902 and 13846, reinforcing previous measures against Iran’s petroleum sector. This is the second round of sanctions on Iranian oil sales since former President Trump launched the maximum pressure campaign.
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