Posted on May 1, 2025
Trump Admin Targets $500-Million Iranian Smuggling Network in Fresh Batch of Sanctions
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The Trump administration announced wide-ranging sanctions Wednesday on a vast Iranian oil smuggling network that has generated "hundreds of millions of dollars in illicit funds for Iran's destabilizing activities," according to information provided by the State Department.
The sanctions target five United Arab Emirates-based companies, a Turkish petrochemical supplier, an Iranian cargo firm, and two ships known to ferry Tehran’s illicit petroleum products to foreign markets like that of China. The State Department views the sanctions, some of the furthest-reaching to date, as key to "driving Iran’s illicit oil and petrochemical exports—including exports to China—to zero," Secretary of State Marco Rubio said in a statement.
The sanctions target five United Arab Emirates-based companies, a Turkish petrochemical supplier, an Iranian cargo firm, and two ships known to ferry Tehran’s illicit petroleum products to foreign markets like that of China. The State Department views the sanctions, some of the furthest-reaching to date, as key to "driving Iran’s illicit oil and petrochemical exports—including exports to China—to zero," Secretary of State Marco Rubio said in a statement.
Trump Admin Targets $500-Million Iranian Smuggling Network in Fresh Batch of Sanctions
Posted from freebeacon.com
Iran
Middle East
China
Oil
Edited 9 mo ago
Posted 9 mo ago
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Good. Iran needs it's terror funding operations curtailed as much as possible.
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Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
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LT COL Chatlie Brown, Its high time that we finally have a leader in Trump that has the balls to look out for the intrests of America instead of kissing up to our adversaries.
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