Reuters
US slaps Iran-related sanctions on oil tankers, China ‘teapot’ refinery
Reuters-March20th2025

A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023. REUTERS/Kevin Lamarque/File Photo Purchase Licensing Rights, opens new tab
WASHINGTON, March 20 (Reuters) – The U.S. on Thursday issued new Iran-related sanctions, targeting entities including for the first time a Chinese “teapot”, or independent refinery, and vessels that supplied crude oil to such processing plants.
It was Washington’s fourth round of sanctions on Iran’s oil sales since President Donald Trump said in February he was re-imposing a “maximum pressure” campaign including efforts to drive down the country’s exports to zero. Trump aims to stop Tehran from obtaining a nuclear weapon and funding militant groups.
Read more on original:
https://www.reuters.com/world/us-issues-fresh-iran-related-sanctions-treasury-dept-says-2025-03-20/


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