State, Treasury Departments reimposes 'maximum pressure' sanctions on Iran’s oil trade
Share and Follow


The U.S. State Department and Department of the Treasury reimposed what they describe as “maximum pressure” sanctions on Iran’s “shadowy” oil trade on Monday as tensions between Tehran and Washington remain high after President Donald Trump took office last month.

The State Department designated 16 entities and vessels part of a “network of illicit shipping facilitators” that “obfuscates and deceives its role in loading and transporting Iranian oil for sale to buyers in Asia,” spokesperson Tammy Bruce said in a written statement.

The State Department, along with the Department of the Treasury’s Office of Foreign Assets Control (OFAC), are concurrently sanctioning a total of 22 people and identified 13 vessels “as blocked property, across multiple jurisdictions, for their involvement in Iran’s oil industry,” the statement said.

Bruce said those involved in the shadowy network have “shipped tens of millions of barrels of crude oil worth hundreds of millions of dollars.”

After Trump signed an executive order reinstating the campaign earlier this month, Iranian Foreign Minister Abbas Araghchi said “maximum pressure is a failed experiment, and trying it again will only lead to another failure.”

The return of the maximum pressure campaign comes as tensions flare in the Middle East between Iran-backed Hamas and Israel, and Tehran’s icy relationship with Washington under the Trump administration.

The U.S. Department of Justice last year charged the Islamic Republic with an assassination attempt against Trump, presumably in retaliation for the military strike that eliminated IRGC General Qassem Soleimani in 2020. Iran’s president, however, denied the claim during an interview with NBC News’ Lester Holt in Tehran. 

Iranian officials have also pushed back on all U.S. efforts to curtail its nuclear ambitions.

Fox News Digital’s Benjamin Weinthal contributed to this report.

Share and Follow
You May Also Like
JSO: Woman taken into custody after shooting boyfriend at Northside apartment complex

JSO Arrests Woman for Alleged Shooting of Boyfriend at Northside Apartment Complex

The Jacksonville Sheriff’s Office reported a shooting incident that took place in…
What to do on New Year's Eve 2025: Chicago officials share new details for 2026 Loop event featuring Chance the Rapper

Ring in 2026: Chicago’s Epic New Year’s Eve Bash with Chance the Rapper in the Loop

CHICAGO (WLS) — Excitement is building in Chicago as city officials unveil…
Actress with crippling mental illness plans to die by assisted suicide

Acclaimed Actress with Severe Mental Health Challenges Seeks End-of-Life Assistance

Claire Brosseau, a celebrated actress and comedienne, has made the heart-wrenching decision…
How to enjoy 6 Starbucks drinks without all the calories and fat

Discover Low-Calorie Starbucks Swaps: 6 Guilt-Free Drinks to Savor

The arrival of ‘red cup season’ is a highly anticipated event for…
Daycare accused of multimillion-dollar fraud shifts blame

Daycare Caught in Massive Fraud Allegations Points Finger Elsewhere

The daycare center at the heart of a Minnesota fraud controversy is…
FILE - Marching bands perform along Colorado Blvd. in the 136th Rose Parade, in Pasadena, Calif., Jan. 1, 2025. (AP Photo/Damian Dovarganes, File)

Potential Rain Threatens to Dampen New Year’s Day Rose Parade Celebrations

For the first time in two decades, rain might disrupt the Rose…
Pennsylvania man charged after killing mother, wounding father after Christmas

Tragic Holiday Incident: Pennsylvania Man Faces Charges for Fatal Attack on Parents Post-Christmas

In a shocking incident that unfolded just after the festive season, an…
Trump to receive Israel's highest honor after Mar-a-Lago lovefest

Donald Trump Set to Be Honored with Israel’s Top Award Following Mar-a-Lago Celebration

Donald Trump continues his pursuit of the prestigious Nobel Prize, but for…