U.S. Treasury hots Iran’s secret oil empire hard, sanctioning a Chinese refinery, its CEO, and 19 entities funneling millions to Tehran’s terror-linked government

Illicit oil sales, funneled through a shadow fleet of deceptive vessels, have been a key financial artery for Tehran, supporting its military and terrorist activities. The latest measures, enacted under Executive Orders 13902 and 13846, are part of an intensified pressure campaign aimed at cutting off Iran’s revenue streams and curbing its nuclear ambitions.