US warns sanctions on vessels aiding Iran trade
The US Treasury secretary, Scott Bessent has warned that individuals and vessels involved in facilitating Iran’s oil and financial networks could face sanctions as the United States intensifies pressure on Tehran.
In a statement on X, Bessent said the US will continue its naval blockade of Iranian ports as part of a “maximum pressure” campaign aimed at restricting the country’s main revenue sources, particularly oil exports.
He claimed that tightening restrictions on maritime trade would directly weaken Iran’s economy by targeting its key financial lifelines, adding that vessels or actors involved in covert trade risk being sanctioned.
The warning comes as Washington maintains economic and maritime pressure alongside ongoing geopolitical tensions in the region, with oil markets reacting to shifting signals on the Iran ceasefire announced by Donald Trump.
Oil prices remained volatile as investors weighed the impact of the extended ceasefire and continued blockade on global energy supply chains.
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