US targets Chinese refinery in sweeping Iran oil crackdown, sanctions ‘shadow fleet’ tankers

Donald Trump

Trump intensifies economic pressure on Iran as US forces board oil tanker President Donald Trump increased economic pressure on Iran, with U.S. forces boarding a third oil tanker in the Indian Ocean. Treasury Secretary Scott Bessent highlights how Kharg Island oil storage is full, forcing a shutdown of Iranian oil wells. NEW You can now listen to Fox News articles! The U.S. Treasury's Office of Foreign Assets Control (OFAC) on Friday sanctioned a major Chinese oil refinery and dozens of ships

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