The US State Department says it is taking “decisive action to disrupt Iran’s illicit oil trade”.
This includes sanctions imposed today by the Department of the Treasury on a “major, independent Chinese refinery and nearly 40 other targets” which it says serve as “critical lifelines for Iran’s oil exports”.
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The department adds that these sanctions cut revenue streams that fund the Iranian regime’s “destabilising activities across the Middle East”.
“The United States will intensify economic pressure on Iran and the international network that sustains its illicit energy trade as a part of Economic Fury”, it says in a statement.
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