Cracking down on Iran's flow of funds

 Ward Clark:

Iran is perhaps the worst country on the planet, except possibly North Korea. They are, in addition to being the number one state sponsor of Islamic terror, a brutally repressive regime. On Monday, the U.S. Treasury Department announced a financial crackdown on Iran's "Shadow Fleet" of people and tankers that are engaged in selling Iranian oil in violation of international sanctions. 

This is known as "hitting them in their wallets."

Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC), and the U.S. Department of State are imposing sanctions on over 30 persons and vessels in multiple jurisdictions for their role in brokering the sale and transportation of Iranian petroleum-related products. Among those sanctioned today are oil brokers in the United Arab Emirates (UAE) and Hong Kong, tanker operators and mangers in India and People’s Republic of China (PRC), the head of Iran’s National Iranian Oil Company, and the Iranian Oil Terminals Company, whose operations help finance Iran’s destabilizing activities. The vessels sanctioned today are responsible for shipping tens of millions of barrels of crude oil valued in the hundreds of millions of dollars.

“Iran continues to rely on a shadowy network of vessels, shippers, and brokers to facilitate its oil sales and fund its destabilizing activities,” said Secretary of the Treasury Scott Bessent. “The United States will use all our available tools to target all aspects of Iran’s oil supply chain, and anyone who deals in Iranian oil exposes themselves to significant sanctions risk.”

...

 President Trump, remember, has spoken on many occasions - most recently at CPAC 2025 - of how Iran was broke during his first term. That's an unalloyed good thing; keeping Iran broke is good for the entire world. 

...

Radical Islam has made Iran a much poorer country.  Trump should be making Iran poor again.  The Iranian people deserve much better than what they are getting from their current government of mullahocracy.  They were better off under the Shah. 

See also:

Iran tests Trump as regime general says it will wipe Israel off the map

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