US Imposes New Sanctions on Iran Targeting Oil Sector

On June 6, 2025, the US Department of the Treasury announced a new package of sanctions against Iran. The restrictions target 10 individuals and 27 entities connected to the Islamic Republic’s oil industry. According to US authorities, the sanctions aim to disrupt sanction evasion networks and block financial flows used to fund Iran’s nuclear and missile programs.

The sanctioned entities include companies based in the UAE and Hong Kong, as well as individuals involved in the transport, sale, and logistics of Iranian oil. The Treasury Department noted that the measures specifically target the National Iranian Tanker Company (NITC) and its intermediaries, including Dubai-based Ace Petrochem FZE and Moderate General Trading LLC.

The sanctions come amid growing international concern over Tehran’s actions. In recent weeks, the International Atomic Energy Agency reported new violations in Iran’s nuclear program, including uranium enrichment to levels sufficient for nuclear weapon production. According to the report, Iran has accumulated enough enriched uranium to produce up to ten warheads.

Simultaneously, it was revealed that Iranian authorities ordered a large shipment of ammonium perchlorate from China — a chemical essential for solid-fuel ballistic missiles. The quantity is reportedly sufficient to manufacture up to 800 medium-range missiles.

Washington also confirmed that Tehran had rejected recent proposals to limit its nuclear program. Iran’s Supreme Leader Ayatollah Ali Khamenei stated that such concessions would undermine the country’s strategic power and vowed to continue developing nuclear and defense technologies.

US President Donald Trump warned of potential secondary sanctions against countries that continue purchasing Iranian oil, particularly China. He stated that any dealings with blacklisted companies would have consequences for those involved on the international stage.