May. 12 at 9:39 PM
$BATL $SKYQ $WTI $USO more tight restrictions driving prices higher.
Since February 2025, OFAC has sanctioned more than 1,000 Iran-related persons, vessels and aircraft, disrupted billions in projected oil revenue and frozen nearly half a billion dollars in regime-linked cryptocurrency. Treasury warned it stands ready to impose secondary sanctions on foreign financial institutions – including those connected to Chinese independent teapot refineries – that continue to facilitate Iranian oil commerce.
https://splash247.com/us-cracks-down-on-irans-covert-crude-pipeline-to-china/
