Iran’s Sanction-Skirting Oil Network Draws New U.S. Fire

The U.S. State Department rolled out another round of sanctions Tuesday targeting an Iranian oil smuggling network allegedly responsible for funneling billions in crude oil sales to China on behalf of Iran’s Armed Forces General Staff. The scheme, operated through front company Sepehr Energy Jahan Nama Pars, is accused of bankrolling Iran’s ballistic missile development, nuclear ambitions, and its web of proxy militias—from Red Sea Houthi attacks to assaults on the U.S. Navy and Israel. “As long as Iran devotes its illicit…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com