The U.S. has imposed sanctions on over 30 individuals and entities in China, India, and Hong Kong for aiding Iranian oil sales that fund terrorism. Key targets include a Hong Kong oil broker. This move supports President Trump’s effort to cut Iran’s oil exports and prevent its nuclear ambitions, with a strong commitment to holding Iran accountable for its actions.
The U.S. government has implemented new sanctions against over 30 individuals, entities, and vessels primarily based in China, India, and Hong Kong. This action targets those allegedly involved in supporting Iran’s oil sales, which in turn fund terrorist activities. Among those sanctioned is Petronix Energy Trading Ltd., based in Hong Kong, known for purchasing significant quantities of Iranian oil from the sanctioned Naftiran Intertrade Co.
These sanctions are part of President Trump’s broader “maximum pressure campaign” aimed at undermining Iran’s oil industry. The initiatives are designed to minimize Iran’s oil exports to zero, enhancing U.S. efforts to prevent Tehran from acquiring nuclear weapons. The U.S. aims to disrupt Iran’s financial channels that support militia groups targeting American interests and allies.
Tammy Bruce, a spokeswoman for the State Department, stated, “As long as Iran devotes its energy revenues to financing attacks on our allies, we will use all the tools at our disposal to hold the regime accountable.” This declaration emphasizes the U.S. commitment to counteract Iran’s destabilizing actions globally.
In summary, the U.S. has intensified its sanctions against various firms linked to Iranian oil sales, pinpointing their role in funding terrorism. Key entities, particularly in China and India, are notably impacted. Through these measures, the U.S. continues to seek a reduction in Iran’s oil revenues to counteract its military ambitions, illustrating a persistent strategy to enforce accountability on Iran’s actions.
Original Source: www.scmp.com
