US sanctions twelve entities for sales of Iranian oil to China
Tech US sanctions twelve entities for sales of Iranian oil to China The US Treasury Department‘s Office of Foreign Assets Control just added twelve names to its sanctions list, all tied to a network that funneled Iranian oil to Chinese buyers. The targets include three senior officials from the IRGC’s Shahid Purjafari Oil Headquarters and nine companies that served as the logistical plumbing for the operation. The action is part of the Trump administration‘s broader “Economic Fury” strategy, a campaign designed to choke off the financial oxygen that fuels Iran’s nuclear ambitions and its support for terrorist organizations. The timing is notable: President Trump is planning a visit to Beijing, where pressing China to crack down on illicit Iranian oil imports is expected to be on the agenda. Who got sanctioned and why The three individuals named are Ahmad Mohammadi Zadeh, Samad Fathi Salami, and Mohammadreza Ashrafi Ghehi. All three are connected to an entity called Golden Globe, which has previously been targeted by US sanctions. Together, they reportedly handled hundreds of millions of dollars annually through that operation. The nine companies on the list include Hong Kong Blue Ocean Limited, Ocean Allianz Shipping LLC, and Zeus Logistics Group. These firms were implicated in managing oil