U.S. Tightens Iran Oil Networks; Chinese Refiners and Banks in Crosshairs (U.S.–China)

Generaldesk view

U.S. Tightens Iran Oil Networks; Chinese Refiners and Banks in Crosshairs (U.S.–China)

Treasury’s “Economic Fury” actions targeted shadow-fleet shippers and financing tied to Iranian crude, alongside State Department messaging on policy intent. Tr…

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Cryptodesk view

U.S. Treasury escalates “Operation Economic Fury”: April 29 sanctions batch targets Iran shadow banking and crypto channels (policy)

FX Leaders reports that the U.S. Department of the Treasury, under Secretary Scott Bessent, announced a new tranche of sanctions on April 29, 2026 against rough…

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