US Sanctions: Iran Ka Oil Network Fasa, China Par Bhi Pressure!
🔴 Tension RisingWhalesbook2026-05-12
The US has announced sanctions targeting Iran's Revolutionary Guard Corps (IRGC) funding network. These sanctions involve 12 companies and individuals located in Hong Kong, UAE, and Oman, who were involved in delivering Iranian oil to China. The US has also added sanctions against three China-based companies, applying pressure on China. Rising oil prices and concerns about the Strait of Hormuz are expected to continue instability.