'Economic Fury': US Treasury Sanctions 12 Entities For Enabling IRGC Oil Sales To China
🔴 Tension Risingi24NEWS2026-05-11
The US Treasury sanctioned 12 entities and individuals to block Iran's IRGC oil sales to China. This action is part of the Trump administration's 'maximum pressure' economic strategy aimed at depriving Iran's military of funding and curbing its terrorist activities and nuclear ambitions. The Treasury is prepared to impose secondary sanctions on foreign financial institutions facilitating Iran's illicit oil trade, including those connected to China's teapot refineries.