Tag: oil_trade

U.S. Sanctions Target Iran's IRGC Oil Operations to China

11 May 2026 3:33 p.m. · Source: US Treasury

The U.S. Treasury sanctioned 12 individuals and entities for enabling Iran's IRGC oil sales to China, aiming to cut funding for weapons and proxies. This "Economic Fury" targets the regime's revenue, with potential penalties for facilitators.

Politics and Government Business World Federal Government Economy Trade Middle East Asia Iran Sanctions Oil Trade IRGC OFAC China Terrorism Financing US Treasury