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Friday June 13, 2025

US slaps sanctions on network shipping Iranian oil to China

Sale of oil helped fund Iranian weapons and attacks by Houthi group on shipping in Red Sea, says State Department

By Reuters
May 13, 2025
Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang province, China August 22, 2019. — Reuters
Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang province, China August 22, 2019. — Reuters

Days after Iran and US negotiators concluded a fourth round of nuclear talks in Oman, Washington imposed sanctions on a shipping network it says has sent millions of barrels of Iranian oil to China, the State Department said on Tuesday. 

The sale of the oil helped fund Iranian weapons and attacks by the Houthi group on shipping in the Red Sea, the US Navy and Israel, it said.

The network facilitated the shipment of oil worth billions of dollars to China on behalf of Iran’s Armed Forces General Staff and its front company, Sepehr Energy, it said.

Iran's foreign ministry spokesperson Esmaeil Baghaei, however, said that the recent US sanctions on Iran are not constructive when it comes to negotiations,