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U.S. Intensifies Sanctions on Entities Involved in Iranian Oil Trade to Amplify Pressure on Iran

Mar 22, 2025 | Government, International, Politics

The United States has escalated its maximum pressure campaign against Iran by imposing sanctions on entities involved in the purchase and transportation of Iranian oil. Notably, Chinese companies, such as Shandong Shouguang Luqing Petrochemical Co., Ltd., and associated individuals have been targeted for their roles in importing Iranian crude. These measures aim to curtail Iran’s oil exports, a vital revenue source funding its nuclear ambitions and support for militant groups. The sanctions encompass:

  • Freezing assets of designated entities and individuals within U.S. jurisdiction.
  • Prohibiting U.S. persons from engaging in transactions with them.
  • Targeting vessels involved in transporting Iranian oil.

These actions underscore the U.S. commitment to intensify economic isolation of Iran.

Tags #International, #Government, #Politics

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