RT.com
02 May 2025, 02:22 GMT+10
Nations buying Iranian oil or petrochemicals will face secondary sanctions, the US president has said
US President Donald Trump has announced that countries that continue to buy Iranian oil or petrochemical products will face secondary sanctions.
The move comes as Washington and Tehran have been engaging in talks over Iran's nuclear program. The Islamic Republic is reportedly willing not to militarize the program in exchange for sanctions relief.
Anyone found to be doing oil trade with Iran "will not be allowed to do business with the United States of America in any way, shape, or form," Trump wrote in a post on Truth Social on Thursday, adding that "all purchases of Iranian oil or petrochemical products must stop, now!"
The announcement came a day after the US State Department imposed sanctions against seven companies it said were involved in the "illicit" trade of Iranian oil and petrochemical products. The list includes six entities based in the United Arab Emirates, as well as one Turkish and one Iranian company.
In its statement, the State Department accused Tehran of fueling conflict in the Middle East, advancing its nuclear program, and supporting "terrorist partners and proxies." The US Treasury Department did not comment on the latest developments or announce any new restrictions.
Washington has been pressuring Tehran into a new agreement on its nuclear program. Trump tore up the 2015 UN-backed agreement during his first term in office, accusing Tehran of secretly violating the deal, and reimposed sanctions. Iran has reportedly rolled back its compliance with the accord.
In March, Trump threatened to bomb Iran "if they don't make a deal." Tehran responded by saying that it would not yield to pressure. The two sides have held three rounds of talks on the issue that were facilitated by Oman.
However, the fourth round was postponed for "logistical and technical reasons," Iranian Foreign Minister Abbas Araghchi announced earlier on Thursday. He added that Tehran is nevertheless "more determined than ever to achieve a just and balanced deal."
The US has also accused Iran of supporting and directing the Houthi fighters in Yemen. Trump launched a massive strike campaign against the militants in March with a declared goal of protecting shipping in the Red Sea.
Earlier on Thursday, US Defense Secretary Pete Hegseth warned Iran that it would face consequences of its actions at a time and place of Washington's choosing while blaming it for facilitating the Houthis' actions. Tehran has denied the accusations.
(RT.com)
Get a daily dose of Kenya Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Kenya Star.
More Information(250501) -- CAPE TOWN, May 1, 2025 (Xinhua) -- South African Minister of Employment and Labor Nomakhosazana Meth speaks at the May...
A pair of twins are pictured during the 19th Mojiang international twins festival in Mojiang Hani Autonomous County, southwest China's...
(250501) -- MOJIANG, May 1, 2025 (Xinhua) -- A pair of twins from Sri Lanka pose for group photos with citizens during the 19th Mojiang...
New Delhi [India], May 1 (ANI): Joao Manuel Goncalves Laurenco, the president of Angola, will visit India from May 1 to 4 at the invitation...
Tehran knows very well what the US military is capable of, Pete Hegseth has said US Defense Secretary Pete Hegseth has blamed Iran...
A participant smells Chinese tea during a cultural event in celebration of the Chinese Language Day in Addis Ababa, the capital of...
From June 9–13, 2025, France and Costa Rica will co-host the Third United Nations Ocean Conference (UNOC3) in Nice, bringing together...
(250501) -- WASHINGTON, May 1, 2025 (Xinhua) -- U.S. President Donald Trump attends a National Day of Prayer event at the White House...
Washington, DC [US], May 2 (ANI): US President Donald Trump has threatened to impose sanctions on the 'countries or individual' found...
Nations buying Iranian oil or petrochemicals will face secondary sanctions, the US president has said US President Donald Trump has...
Chay Bowes was detained in Bucharest as he arrived to cover the Romanian presidential election Neither democracy nor a free press...
Washington, DC[US], May 2 (ANI): US President Donald Trump announced on Thursday (local time) that he's nominating Mike Waltz to serve...