The Ministry announced US Treasury It does not intend to extend the easing decision sanctions Which had been temporarily approved for some Iranian oil To contain the rise Energy pricesThe work on it will end after a few days.
A statement issued by the ministry said, “The short-term license that allowed the sale of Iranian oil that was already stuck at sea expires in a few days and will not be renewed.”.
The statement indicated that maximum pressure would remain in place on Tehran.
This temporary license allowed the delivery and sale of Iranian crude oil and other petroleum products loaded onto tankers before March 20, and is supposed to remain valid until April 19.
A statement issued by the ministry said, “The short-term license that allowed the sale of Iranian oil that was already stuck at sea expires in a few days and will not be renewed.”.
The statement indicated that maximum pressure would remain in place on Tehran.
This temporary license allowed the delivery and sale of Iranian crude oil and other petroleum products loaded onto tankers before March 20, and is supposed to remain valid until April 19.
Containing rising energy prices
This measure was part of a series of actions taken by the administration of US President Donald Trump to contain rising energy prices caused by the war that erupted in the Middle East on February 28.
Sanctions were also eased as part of this effort on Russian gas transported by sea.
A senior US official said the Trump administration had sent messages to China and Hong Kong indicating that some banks under their jurisdiction had facilitated illicit Iranian activities.
The letters stated that the Treasury Department was urging authorities to cooperate in halting any illicit activity related to Iran.
The department indicated in its letter reasons to believe that banks in these jurisdictions had handled illicit Iranian funds.
