The latest news and updates about Sanctions from trusted sources around the world.
—/ President Trump on Iran: ‘The blockade has been unbelievable. The financial hits that we're giving them, we're hitting them very hard. Nobody's ever been hit like this. They're a failing nation right now, and at the right point, we'll either win or they'll do something. I don't mind winning. I don't need a signature on a piece of paper. But we're doing very well.’
U.S. Navy E/A 18G electronic-warfare aircraft patrol the skies over the Middle East while the U.S. continues to enforce the blockade against Iran. As of Aug. 27, CENTCOM forces have redirected 75 commercial vessels, disabled 3 and boarded 2 to ensure compliance.
🔥 TREASURY SEC. SCOTT BESSENT just dropped this line on the Iranian regime: "On the economic side — we have them by the THROAT." "They've got 150%, 180% food inflation." "Not able to pay the troops." Secretary Bessent is showing no mercy to the IRGC 👏🏻
Reuters: The United States is in the process of lifting some sanctions on Iran.
Statements by Turkish President Recep Tayyip Erdogan about U.S. sanctions against Turkey: At present, the United States is not imposing any sanctions on us. In general, most of these measures have already been lifted. The Minister of National Defense, the Chief of the General Staff of the Armed Forces, the Minister of Foreign Affairs, and our vice president are all here. All of them have closely witnessed that these…
— 🇺🇸/🇮🇷 President Trump on Iran: ‘They’re liars, they’re cheats, they’re sick people, they killed 54,000 of their people that were protesting.’
Ukrainian drone forces said they targeted 9 oil tankers from Russia’s shadow fleet in the Sea of Azov during the night. According to the statement, in total, over the past 72 hours, 21 Russian ships have been targeted; 19 tankers from the shadow fleet, one cargo ship, and one transshipment vessel in the Kerch area. Ukrainian drone forces said Russia’s shadow fleet is used to evade international sanctions, export…
🔸A five percent jump in global oil prices after Trump’s remarks about the ceasefire with Iran ending Global oil prices rose by more than 5%. The increase came after Donald Trump, on the sidelines of a NATO summit in Ankara, called continued talks with the Islamic Republic “a waste of time” and said the ceasefire with Iran “has ended.” The price of Brent oil on Wednesday, 17 Tir (July 8) rose 5.3% to $78.09 per…
The revocation of the United States’ temporary waiver for the sale of oil by the Islamic Republic has left tens of millions of barrels of oil that had previously been loaded onto oil tankers in a state of uncertainty, bringing fresh ambiguity to the outlook for Iran’s oil exports.
🔶 U.S. prosecutors asked for a reduction in Reza Zarrab’s punishment U.S. federal prosecutors in the case of Reza Zarrab, a Turkish-Iranian businessman, on Monday, July 6 (15 Tir), in a submission to the judge of the federal court in New York, asked for a reduction in his sentence. Zarrab had previously admitted that he helped the Islamic Republic of Iran bypass sanctions and gave several million dollars in bribes…
Data from oil-tanker tracking companies shows that about 58 to 68 million barrels of Iranian oil remains adrift in Asian waters and is moving or stationary without a specific customer. Bloomberg writes that 90% of Iran’s oil stocks on the water have neither a particular customer nor oil tankers that indicate a specific destination. This comes as China, the Islamic Republic’s only oil customer during the sanctions…
💢 Traffic on the southern route is resuming, but in comparison with the Iran corridor, only a small number of ships use it. Apparently, the only reason ships use the U.S.-backed corridor is that American forces pressure them to do so in order to oppose Iran’s rules. 🔴
