US Treasury Secretary Scott Bessent said on Friday thatships and individuals facilitating the flow of Iranian oil could facesanctions.
Economic Fury is imposing a financial stranglehold on the Iranian regime, hampering its aggression in the Middle East, and helping to curtail its nuclear ambitions. At @POTUS’ direction, Treasury will continue to constrict the network of vessels, intermediaries, and buyers Iran… t.co/tNx0egCLsm
— Treasury Secretary Scott Bessent (@SecScottBessent) April 24, 2026Today, Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Hengli Petrochemical (Dalian) Refinery Co., Ltd., a China-based independent teapot refinery. China-based teapot refineries continue to play a vital role in sustaining Iran’s oil economy, and Hengli Petrochemical…
— Treasury Department (@USTreasury) April 24, 2026Talks between Washington and Tehran, held in Islamabad onApril 12, failed to reach an agreement on halting the war that began onFebruary 28. US President Donald Trump said the temporary ceasefire, which tookeffect on April 8, would be extended to allow room for renewed negotiations,while warning that Iran faces a “final opportunity” to respond to US demands.
Read more: Washington pursues regional de-escalation through fragile frameworks
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