23 Hrs
Source:
البلاد
U.S. sanctions on Tehran over 18 months
Arabia Net reported that the United States is preparing to impose the largest package of economic sanctions on Iran, including efforts to sever all economic arteries on which Tehran relies. This specifically targets oil exports by sanctioning shipping companies, brokers, and storage facilities involved in transporting and storing oil, in addition to targeting money laundering networks and military and nuclear programs. The campaign has been ongoing since the beginning of 2025 and involves more than 1,000 individuals and vessels. Tensions have escalated following Washington's reinstatement of sanctions against the Iranian Council, amid Iranian fears of a possible retaliatory move such as halting oil exports from the Gulf. China, the largest buyer of Iranian oil, remains a primary target of these new sanctions, as it purchases over 80% of the exported oil. Meanwhile, Washington emphasizes a strategy of comprehensive economic pressure to incapacitate Iran's ability to maneuver.
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