Major US crackdown: 12 Iran-linked entities blacklisted over China oil sales
🔴 Tension Risingconnectedtoindia.com2026-05-12
The U.S. Treasury Department has blacklisted 12 individuals and entities linked to Iran’s IRGC for facilitating oil sales to China. This action, part of the ‘Economic Fury’ operation, aims to disrupt the regime’s funding for weapons programs, terrorist proxies, and suppression of civil freedoms. The escalating Strait of Hormuz crisis is intensifying global energy concerns and prompting the U.S. to further restrict Iran’s financial capabilities.