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    Home»Latest News»US issues first wave of Iran sanctions after ceasefire in 12-day war | Israel-Iran conflict News
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    US issues first wave of Iran sanctions after ceasefire in 12-day war | Israel-Iran conflict News

    The Daily FuseBy The Daily FuseJuly 4, 2025No Comments3 Mins Read
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    US issues first wave of Iran sanctions after ceasefire in 12-day war | Israel-Iran conflict News
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    Washington imposes monetary penalties on an Iraqi businessman who it says helped smuggle Iranian oil.

    Washington, DC – The USA has issued a brand new wave of sanctions towards Iranian oil exports, the primary penalties towards Tehran’s vitality sector since a Washington-backed ceasefire between Israel and Iran got here into impact final month.

    Amongst these focused by the sanctions introduced on Thursday are Iraqi businessman Salim Ahmed Mentioned and his United Arab Emirates-based firm, which the US accused of smuggling Iranian oil by mixing it with Iraqi oil.

    “Iran’s conduct has left it decimated. Whereas it has had each alternative to decide on peace, its leaders have chosen extremism,” US Treasury Secretary Scott Bessent mentioned in a press release.

    “Treasury will proceed to focus on Tehran’s income sources and intensify economic pressure to disrupt the regime’s entry to the monetary assets that gasoline its destabilizing actions.”

    After the ceasefire was reached on June 24, US President Donald Trump mentioned China may purchase Iranian oil, suggesting the US would possibly elevate its sanctions on Tehran’s vitality exports.

    However the promise was short-lived. Trump wrote in a social media put up final week that he “instantly dropped all work on sanction aid” in response to statements by Iranian Supreme Chief Ali Khamenei claiming victory over Israel.

    The US president additionally mentioned he stopped Israel from assassinating Khamenei, saving him from a “VERY UGLY AND IGNOMINIOUS DEATH”.

    Israeli Defence Minister Israel Katz had mentioned Israel sought to kill Khamenei however there was “no operational alternative” for the assassination.

    Israel launched air strikes towards Iran with out direct provocation on June 13, killing tons of of Iranians, together with civilians and prime army officers.

    The US joined the Israeli marketing campaign and attacked three Iranian nuclear sites. Iran responded with missile strikes towards Israel and an assault on an airbase housing US troopers in Qatar.

    Trump claimed the US air raids “obliterated” Iran’s nuclear amenities.

    On Wednesday, the Pentagon mentioned the US bombing operation set again Iran’s nuclear programme by one to two years.

    However it’s not clear the place Iran’s stockpiles of extremely enriched uranium are.

    The nation handed a legislation final month to droop cooperation with the UN nuclear watchdog, the International Atomic Energy Agency (IAEA), over the company’s failure to sentence the US and Israeli assaults.

    The transfer has sparked rebukes by the US and several other European countries.

    On Thursday, Iranian Ministry of Overseas Affairs spokesperson Esmaeil Baghaei advised Iran is in oblique contact with the US – via Oman and Qatar – to discover a diplomatic resolution to the disaster.

    “Diplomacy should not be abused or used as a instrument for deception or for merely a type of psychological warfare towards their adversaries,” Baghaei instructed Sky Information.

    He added that Tehran feels its diplomatic efforts have been “betrayed”.

    Hours earlier than Israel began the struggle final month, Trump reiterated a US dedication to diplomacy.

    And days earlier than the US assaults, he mentioned he would decide on becoming a member of the struggle inside two weeks to permit talks between Iran and European powers.



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