ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 9.Oct.2025, Words: 306) — The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced actions that intensify its efforts against Iran’s petroleum and petrochemical exports by sanctioning more than 50 individuals, entities, and vessels that facilitate Iranian oil and liquefied petroleum gas (LPG) sales and shipments from Iran.
According to Treasury, these “actors have collectively enabled the export of billions of dollars’ worth of petroleum and petroleum products, providing critical revenue to the Iranian regime and its support for terrorist groups that threaten the United States.”
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This action targets a network moving hundreds of millions of dollars’ worth of Iranian LPG, along with nearly 2 dozen shadow fleet vessels, a China-based crude oil terminal, and an independent “teapot” refinery, which are key to Iran’s ability to export petroleum and petroleum products to generate significant revenue, Treasury announced on 9 Oct. 2025 in an official statement.
“The Treasury Department is degrading Iran’s cash flow by dismantling key elements of Iran’s energy export machine,” Treasury secretary Scott Bessent said in the statement.
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“Under President Trump, this administration is disrupting the regime’s ability to fund terrorist groups that threaten the United States,” Bessent said.
This is the fourth round of sanctions where the Trump administration has targeted China-based refineries that continue to purchase Iranian oil.
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This action builds on recent sanctions in Jul. and Aug. targeting key enablers of Iran’s oil exports. The action is being taken primarily pursuant to Executive Order (E.O.) 13902, which targets Iran’s petroleum and petrochemical sector, as well as pursuant to E.O. 13846. It continues sanctions targeting Iranian oil sales in support of the president’s National Security Presidential Memorandum 2 (NSPM-2), instituting a campaign of maximum economic pressure on Iran, Treasury said.
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By Chad Archey reporting from Atlanta. © 2025 Energy Analytics Institute (EAI). All Rights Reserved.
