The US has announced new sanctions on the Iranian oil industry, increasing the economic pressure on Iran.
According to the foreign news agency ‘AFP’, a statement from the US Department of Treasury said that the Iranian Ministry of Petroleum, the National Iranian Oil Company and the National Iranian Tanker Company have been banned from providing financial support to the ‘Islamic Revolutionary Guards of Iran’. have been imposed.
US Treasury Secretary Steven Mnuchin announced the sanctions and said, “The government in Iran provides financing for the destabilizing activities of the Quds Force from the petroleum sector.”
The United States also included the Minister of Petroleum and other individuals and organizations in the blacklist.
After the said sanctions, all the assets of Iranian ministers and institutions that are in the US will be frozen.
In response to the sanctions, Iran said that Tehran’s oil industry will not come under US pressure.
The oil minister said on Twitter that ‘Iran’s oil industry is above US pressure’.
Bijan Namdar Zangana said that the US sanctions against him and his colleagues are merely a passive reaction that shows the failure of Washington.
He said that the era of unilateralism in the world is over.
The oil minister added that no one can stop Iran’s oil industry.
It should be noted that in March, the United States imposed more economic sanctions on Tehran while demanding the release of detained American citizens from Iran.
According to which the US had blacklisted 9 companies based in South Africa, Hong Kong and China, as well as 3 Iranian individuals, trading in Iranian petrochemicals.
Earlier, in January this year, the United States announced sanctions against 8 senior officials of Iran on the charge of destabilizing the region.
Iran is already facing financial difficulties due to economic sanctions in response to the corona virus and was forced to ask for a loan from the IMF after almost 35 years.
It should be remembered that US President Donald Trump announced the termination of the nuclear agreement with Iran in 2018 and imposed trade and economic sanctions, while the other international parties to the agreement, Britain, Germany, France, Russia and China, announced the continuation of the agreement with Iran. what was
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**Interview with Dr. Sarah Thompson, Middle East Policy Expert**
**Interviewer:** Thank you for joining us today, Dr. Thompson. The recent sanctions imposed by the United States against Iran’s oil sector are significant. What’s the primary goal behind these sanctions?
**Dr. Thompson:** Thank you for having me. The primary goal is to increase economic pressure on Iran, particularly in light of their recent military actions, notably the missile attack on Israel. The U.S. is attempting to cut off financial resources that the Iranian government, especially the Islamic Revolutionary Guards Corps (IRGC), uses to support destabilizing activities in the region.
**Interviewer:** The sanctions target several key entities, including the Iranian Ministry of Petroleum and the National Iranian Oil Company. How effective do you think these measures will be in altering Iran’s behavior?
**Dr. Thompson:** While sanctions can be effective in disrupting economic activities and pressuring governments, they often take time to yield results. Iran has historically shown resilience to sanctions, finding alternative ways to sell oil and maintaining its economy through various channels. However, the increased isolation could potentially impact its oil revenue if other countries comply with the sanctions.
**Interviewer:** Iran has publicly stated that these sanctions won’t affect its oil industry. How credible is that statement?
**Dr. Thompson:** Iran’s assertion is part of its broader strategy to project strength and resilience. While they may manage to maintain some level of production and exports, the reality is that they will feel the pinch if major buyers begin to distance themselves. The extent to which the Iranian oil industry can withstand these pressures depends on global market dynamics and Iran’s ability to navigate the sanctions.
**Interviewer:** In light of these developments, what might be the implications for U.S.-Iran relations moving forward?
**Dr. Thompson:** The implications could be significant. The imposition of sanctions may further strain diplomatic relations, making negotiations more difficult. Iran’s leadership is likely to double down on its stance and continue pursuing its interests aggressively. This could lead to increased tensions in the region, potential retaliatory actions, and complicate efforts toward any future diplomatic resolutions.
**Interviewer:** Thank you, Dr. Thompson, for your insights. It’s clear that the situation is complex and evolving.
**Dr. Thompson:** Thank you for having me. It’s important to stay informed about these developments, as they can have far-reaching consequences both in the region and globally.
