President Donald Trump on May 1 threatened sanctions on countries and people who purchase Iranian oil and petroleum.
“ALERT: All purchases of Iranian Oil, or Petrochemical products, must stop, NOW! Any Country or person who buys ANY AMOUNT of OIL or PETROCHEMICALS from Iran will be subject to, immediately, Secondary Sanctions,” he posted on Truth Social. “They will not be allowed to do business with the United States of America in any way, shape, or form.”
The United States has enacted multiple rounds of sanctions targeting Iran’s petroleum and oil sectors, especially as countries such as China have purchased oil from Tehran….