Department of State Targets Illicit Iranian Trade to Impose Maximum Pressure on Iran (Press Release)

Date issued: Jul. 04 2025

You've hit a wall. Sign in if you have an account, or learn more about TURBOFAC and subscription options.
TURBOFAC is a module of the compliance platform OverRuled. To learn more about OverRuled, visit www.overruled.com.

TURBOFAC Commentary (76 words)

Notes:

1) The EO 13846 designations are notable for being the first true "secondary sanctions" action taken after the 13 June 2025 – 24 June 2025 war involving Iran, Israel and the U.S. The sanction is taken in the context of mixed messages from President Trump concerning U.S. sanctions policy vis-à-vis Iran with respect to the sale of its oil. (See https://www.reuters.com/business/energy/trump-says-china-can-continue-purchase-oil-iran-2025-06-24/).