Iranians are bracing for new US economic sanctions expected to target all of the Islamic Republic's revenue, including banks, oil buyers and refiners, registries and trade while the US-Iran war. Tehran prepares against punishment described by Washington.
Iran already faces a 'maximum pressure' style US campaign and widespread sanctions from other countries. It has built a complex evasion system including a shadow tanker fleet and ship-to-ship transfers to survive the penalties while Tehran is economically isolated.
The new round of measures shows the broad reach of US sanctions that can affect ordinary Iranians and global oil and trade flows at the same time. It signals a feeding standalone of the US-Iran confrontation as Iran looks for ways to keep transferring crude.

Iranians are bracing for new US economic sanctions expected to target all of the Islamic Republic's revenue, including banks, oil buyers and refiners, registries and trade while the US-Iran war. Tehran prepares against punishment described by Washington.

Iran already faces a 'maximum pressure' style US campaign and widespread sanctions from other countries. It has built a complex evasion system including a shadow tanker fleet and ship-to-ship transfers to survive the penalties while Tehran is economically isolated.

The new round of measures shows the broad reach of US sanctions that can affect ordinary Iranians and global oil and trade flows at the same time. It signals a feeding standalone of the US-Iran confrontation as Iran looks for ways to keep transferring crude.

πŸ“° Source: Al Jazeera
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