Trump Warns Purchasers of Iranian Oil They Will Be Sanctioned

The warning comes as the United States negotiates with Iran over its nuclear program.

President Donald Trump on May 1 threatened sanctions on countries and people who purchase Iranian oil and petroleum.

โ€œALERT: All purchases of Iranian Oil, or Petrochemical products, must stop, NOW! Any Country or person who buys ANY AMOUNT of OIL or PETROCHEMICALS from Iran will be subject to, immediately, Secondary Sanctions,โ€ he posted on Truth Social. โ€œThey will not be allowed to do business with the United States of America in any way, shape, or form.โ€

The United States has enacted multiple rounds of sanctions targeting Iranโ€™s petroleum and oil sectors, especially as countries such as China have purchased oil from Tehran.

On March 20, the Treasury Department announced it sanctioned what is known as a teapot oil refinery and its leader for buying and refining Iranian crude oil worth hundreds of millions of dollars. The entities that are part of this network are based in Chinaโ€™s Shandong Province, Hong Kong, and other places.

โ€œTeapot refinery purchases of Iranian oil provide the primary economic lifeline for the Iranian regime, the worldโ€™s leading state sponsor of terror,โ€ said Treasury Secretary Scott Bessent in a statement.

On April 10, the Treasury Department said it sanctioned Jugwinder Singh Brar, an Emirati national, and his companies, accusing them of transporting Iranian petroleum.

โ€œThe Iranian regime relies on its network of unscrupulous shippers and brokers like Brar and his companies to enable its oil sales and finance its destabilizing activities,โ€ said Bessent in a statement.

That same day, the State Department announced it had sanctioned four entities, including one based in China, engaged in the Iranian petroleum marketplace.

On April 22, the Trump administration said it sanctioned Iranian national Seyed Asadoollah Emamjomeh and his liquified petroleum shipping network for allegedly selling the product abroad.

โ€œThis revenue funds Iranโ€™s malign behavior, particularly the regimeโ€™s nuclear and ballistic missile programs and its support for terrorist proxies,โ€ said the State Department.

Six days later, the Treasury Department announced it had sanctioned three shipping companies and their vessels for transporting Iranian oil to the regime-backed Houthi terrorist group in Yemen.

Byย Jackson Richman

Read Full Article on TheEpochTimes.com

The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Columns

Impaired Migrant Trucker with Work Visa Kills 5 Gets Out on Bond

Migrant truck driver involved in massive Texas traffic crash killing five people had his $1.2 million bond slashed to $7,000 so he could be released on bond.

Library of Lies

The Press and Democrat Party are trying to sell books in which the shocking surprise is that Joe Biden was a babbling idiot, as though they didn't know.

North Carolina Communities Rising From the Ruins of Hurricane Helene

It will take many years, many hands, and up to $60 billion to recover from the widespread devastation caused by Hurricane Helene in 2024.

Trump Torpedoes Neoconservatism and Neoliberalism in Single Stroke?

D.C elites who manufacture and service the publicly-subsidized, permanent war economy, wouldn't be pleased with Trumpโ€™s speech delivered to Saudi dignitaries.

Epstein Didnโ€™t Kill Himself

FBI Dir. Kash Patel and Deputy Dir. Dan Bongino shockingly reported accused pedophile and sex trafficker Jeffery Epstein killed himself in prison in 2019.

News

Supreme Court Deadlocks, Leaves in Place Block on Nationโ€™s First Religious Charter School

The U.S. Supreme Court on May 22 voted 4โ€“4 to reject authorization for the nationโ€™s first publicly funded religious charter school.

Crude Oil Prices Decline Amid Unexpected US Inventory Buildup

An unexpected increase in U.S. crude oil stocks contributed to pushing down oil prices in early morning trade on may 22.

Judge Strikes Federal Rule Requiring Employers to Accommodate Employee Abortions

A federal rule that required employers to give workers time off and other accommodations for abortions is illegal, a judge ruled on May 21.

12 States Urge Federal Court to Halt Trump Adminโ€™s Tariffs

12 states asked federal court to put Trumpโ€™s tariffs on imports on hold, arguing he overstepped authority by declaring a national emergency to impose levies on U.S. trading partners.

2 Israeli Embassy Staffers Killed in DC Shooting Near Jewish Museum: Noem

Two members of the Israeli embassy in Washington were shot and killed on May 21 near a Jewish museum, DHS Sec Kristi Noem announced.

Judge Rules Trump Admin Violated Court Order During South Sudan Deportation Attempt

Federal judge ruled the Trump admin violated his previous order compelling officials to maintain custody of illegal immigrants being deported to South Sudan.

90 Percent of US Companies Plan to Reshore Amid Tariffs, Allianz Survey Finds

Nine out of 10 U.S. companies expect to bring some or all production or sourcing back home in response to new tariffs imposed under Trumpโ€™s trade policy.

Microsoft Says 394,000 Windows Computers Infected by Malware Worldwide

Microsoft warned that nearly 400,000 computers operating Windows were infected with malware and is taking legal action against perpetrator.
spot_img

Related Articles