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US Imposes New Sanctions on Iran's Oil Network

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by Giorgi Kostiuk

6 hours ago


Washington has announced new sanctions targeting Iran, focusing on its oil industry. These measures continue the policy of maximum pressure aimed at Tehran's economy.

Targets of the New Sanctions

The new sanctions, confirmed by the US Treasury and State Departments, target dozens of companies and tankers accused of assisting Iran in selling billions of barrels of oil under false pretenses. One of the listed companies is owned by Salim Ahmed Said, a dual Iraqi-British national accused of coordinating the transport and sale of Iranian oil.

Criminal Measures and Consequences

The Treasury Department sanctioned a group of businesses allegedly moving large volumes of crude by disguising Iranian oil as Iraqi. These shipments were sold to Western buyers using falsified paperwork. The State Department added six companies to its list, including four tankers involved in loading Iranian oil and hiding its origin. Officials indicated that these vessels switched off their tracking systems and altered documents to evade restrictions.

Notes on US Domestic Policy

Simultaneously, the president signed a law ending federal support for solar and wind energy. In his statements, he demonstrated clear preference for fossil fuels, noting he does not want windmills spoiling the landscape. The new law benefits the oil, gas, and coal industries.

The information indicates that despite the sanctions, Iranian oil continues to find buyers. The leading role of China in purchasing Iranian oil amidst new restrictions highlights the complexity of the situation.

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