CIREBON NEWS – China’s small independent oil refineries that support Iran’s oil trade are now being targeted by the United States (US). This step is an effort to attack funding for Iranian proxies in the Gulf Region.
After the military operation did not make Iran surrender, now the US is putting pressure on Tehran economically. One of his efforts was to carry out a blockade of a number of Iranian ports.
US Treasury Secretary Scott Bessent said his department had increased financial pressure on Tehran and was working to dismantle the networks underpinning Iran’s economy, including China’s involvement.
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“The Treasury Department, through Economic Fury, has targeted Iran’s international shadow banking infrastructure, access to crypto, shadow fleet, and arms procurement network,” Bessent said in a post on X.
It claims that these actions have disrupted tens of billions of dollars in revenues that would have been used to fund” the Iranian government. As a result, Tehran’s inflation has doubled and its currency has depreciated rapidly.
Bessent also said that the US “maximum pressure campaign” against Iran, including the blockade of Iranian ports, was disrupting the country’s oil trade.
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“Kharg Island, Iran’s main oil export terminal, will soon reach maximum storage capacity, which will force the regime to reduce oil production,” he said.
Bessent added that this caused “an additional revenue loss of approximately $170 million per day and caused permanent damage to Iran’s oil infrastructure.”
Meanwhile, US President Donald Trump said that the war against Iran was America’s light work in the Middle East. Trump expressed this when hosting King Charles III of England at the White House.
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Trump said his administration was “doing quite a bit of work in the Middle East right now” and that the situation was “going very well.”
“We have defeated that adversary militarily, and we will never allow that adversary – Charles agrees with me more than I do – we will never allow that adversary to have nuclear weapons,” he added.
