U.S. Sanctions on Iran Threaten Global Energy Markets

U.S. Sanctions on Iran Threaten Global Energy Markets

The latest round of US sanctions on Iran, which now targets Chinese so-called ‘teapot’ oil refineries—small, independently owned facilities—signals a growing determination to tighten the economic noose around the Tehran administration. With potential consequences reaching far beyond Iran itself, these moves could reshape geopolitics, disrupt the global economy and send shockwaves through energy markets. While there is not yet a "maximum pressure…

U.S. Imposes New Sanctions on Iran’s Drone Program

The U.S. Department of Commerce has announced a new package of sanctions targeting 80 entities across several countries, including Iran, China, the UAE, Taiwan, and South Africa, due to ‘activities contrary to the national security and foreign policy interests of the United States.’ In a statement issued by the Department’s Bureau of Industry and Security, the move aims to “disrupt Iran’s procurement of unmanned aerial vehicles (UAVs) and relate…

The latest round of US sanctions on Iran, which now affects Chinese oil refineries called teapots – small independent-owned facilities – indicates a growing determination to tighten the economic noose around the Tehran administration. These measures, whose possible consequences go far beyond Iran, could reconfigure geopolitics, disrupt the world economy and shock energy markets.