Washington: The United States has imposed new sanctions targeting a network that helps ship Iranian oil to China. The U.S. Treasury Department announced the measures on Thursday, targeting over a dozen individuals and companies. The sanctions affect entities in China, India, and the United Arab Emirates.
Why the US Took Action
Washington accuses Iran of using oil revenues to fund its nuclear program, ballistic missile production, and support for regional militant groups. The Treasury Department stated that Iran’s oil sales are fueling destabilizing activities in the Middle East.
Treasury Secretary Scott Bessent emphasized that the U.S. remains committed to cutting off Iran’s access to oil revenue. He argued that Iran’s actions pose a threat to global security.
Who Is Affected?
The new sanctions impact:
- Iranian and Indian nationals involved in oil transport
- Shipping firms managing the movement of Iranian oil
- Crew management companies that staff and operate vessels
- A fleet of ships allegedly used to bypass U.S. restrictions
Tougher Sanctions Under Trump
President Donald Trump signed an executive order on Tuesday reinforcing pressure on Tehran. While addressing reporters, he said the U.S. is open to a deal but will not allow Iran to develop nuclear weapons.
“We don’t want to be tough on anyone, but they just can’t have a nuclear bomb,” Trump stated. He also warned Iran against any assassination attempts, vowing severe retaliation.
Iran’s Response
Iran has not immediately responded to the latest sanctions. However, reports suggest Tehran is waiting for further signals from Trump on whether he is willing to negotiate. The Iranian government has repeatedly insisted that its nuclear program is for peaceful purposes.
What’s Next?
With tensions rising, Washington is expected to continue tightening restrictions on Iran’s oil trade. Analysts believe that additional sanctions could further strain Iran’s economy and escalate conflicts in the region. Whether diplomatic talks emerge remains uncertain.
