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Sanctions Tankers and Gas Energy

US targets IRGC oil network in fresh sanctions as Trump calls Iran ceasefire ‘on life support’

  • Treasury designates 12 individuals and entities for facilitating IRGC oil sales to China, the second wave of Iran sanctions in less than two weeks
  • Trump declares ceasefire ‘on life support’ after dismissing Tehran’s response as ‘garbage’; Iran warns it is ready to respond to any aggression
  • Timing ahead of Trump’s China visit suggests sanctions could serve as leverage as Washington seeks Beijing’s help on Iran

  • News

US ramps up sanctions on IRGC oil network as Iran talks collapse and Trump seeks Beijing’s help ahead of China visit

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