Stalin
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Add destruction of the Chinese economy to illegal seizure of global oil..
The United States is expanding its naval blockade of Iran into a global operation against shipping in any ocean, Defense Secretary Pete Hegseth said Friday. Hours earlier the Treasury Department sanctioned a major Chinese oil refinery and 40 shipping companies for buying Iranian crude.
“Our blockade is growing and going global,” Hegseth told reporters at a Pentagon briefing on April 24. “No one sails from the Strait of Hormuz to anywhere in the world without the permission of the United States Navy.” He said 34 ships had been turned back since the blockade began this month and the U.S. Navy had seized two Iranian ships in the Indian Ocean this week. The escalation comes during a nominal ceasefire between the United States and Iran that took effect April 8 and was extended indefinitely Tuesday by US President Donald Trump.
The blockade and the sanctions are aimed at China. The U.S. Navy this week seized the M/T Tifani, a tanker carrying about 2 million barrels of Iranian crude bound for Chinese refineries, in the Bay of Bengal between Sri Lanka and the Strait of Malacca. China is the largest buyer of Iranian oil and depends on Iran for more than 10 percent of its crude supply.
The Treasury Department imposed secondary sanctions Friday on Hengli Petrochemical, a private refinery at the Chinese port of Dalian with a processing capacity of roughly 400,000 barrels per day, accusing it of buying Iranian oil. The Treasury also sanctioned 40 shipping companies and ships and froze $344 million in cryptocurrency wallets used by Iranian intermediaries.
A spokesperson for the Chinese embassy in Washington said Friday that the sanctions “undermine international trade order and rules” and “infringe upon the legitimate rights and interests of Chinese companies and individuals.” The action came on the eve of a planned meeting between Trump and Chinese President Xi Jinping.
comrade stalin
moscow
The United States is expanding its naval blockade of Iran into a global operation against shipping in any ocean, Defense Secretary Pete Hegseth said Friday. Hours earlier the Treasury Department sanctioned a major Chinese oil refinery and 40 shipping companies for buying Iranian crude.
“Our blockade is growing and going global,” Hegseth told reporters at a Pentagon briefing on April 24. “No one sails from the Strait of Hormuz to anywhere in the world without the permission of the United States Navy.” He said 34 ships had been turned back since the blockade began this month and the U.S. Navy had seized two Iranian ships in the Indian Ocean this week. The escalation comes during a nominal ceasefire between the United States and Iran that took effect April 8 and was extended indefinitely Tuesday by US President Donald Trump.
The blockade and the sanctions are aimed at China. The U.S. Navy this week seized the M/T Tifani, a tanker carrying about 2 million barrels of Iranian crude bound for Chinese refineries, in the Bay of Bengal between Sri Lanka and the Strait of Malacca. China is the largest buyer of Iranian oil and depends on Iran for more than 10 percent of its crude supply.
The Treasury Department imposed secondary sanctions Friday on Hengli Petrochemical, a private refinery at the Chinese port of Dalian with a processing capacity of roughly 400,000 barrels per day, accusing it of buying Iranian oil. The Treasury also sanctioned 40 shipping companies and ships and froze $344 million in cryptocurrency wallets used by Iranian intermediaries.
A spokesperson for the Chinese embassy in Washington said Friday that the sanctions “undermine international trade order and rules” and “infringe upon the legitimate rights and interests of Chinese companies and individuals.” The action came on the eve of a planned meeting between Trump and Chinese President Xi Jinping.
Hegseth says Iran blockade “going global,” as US announces new sanctions on Chinese shipping
The United States is expanding its naval blockade of Iran into a global operation against shipping in any ocean, Defense Secretary Pete Hegseth said Friday. Hours earlier the Treasury Department sanctioned a major Chinese oil refinery and 40 shipping companies for buying Iranian crude.
www.wsws.org
comrade stalin
moscow
