“He also did this to put Moscow’s, Beijing’s and Tehran’s leadership on notice that Washington can easily redraw and restructure borders and regimes in not just the Middle East but also in Eastern Europe and elsewhere, if it wants to,” a senior source connected to the European Union’s (E.U.) U.S. Treasury Secretary Scott Bessent said recently that: “The Treasury Department is degrading Iran’s cash flow by dismantling key elements of Iran’s energy export machine.” He added that entities who facilitate such trade in whatever country they are located have: “Collectively enabled the export of billions of dollars’ worth of petroleum and petroleum products, providing critical revenue to the Iranian regime.” Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson said of the recent sanctions on Chinese oil entities that: “The Iranian regime continues to fuel conflict in the Middle East to fund its destabilizing activities, [and] Today, the United States is taking action to stem the flow of revenue that the regime uses to support terrorism abroad, as well as to oppress its own people.” Indeed, the President of the Ursula von der Leyen E.U.’s governing body – the European Commission -- Ursula von der Leyen recently stated in the accompanying press conference to the 19th Sanctions Package on Russia announcement that: “We target refineries, oil traders, petrochemical companies in third countries, including China.” At the same time, E.U.
Author: Simon Watkins
Published at: 2025-11-03 22:00:00
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