Publish: 11:06, 12 Oct, 2024 Updated:

US enforces sanctions on Iranian oil trade following Tehran’s missile attack on Israel

Online Desk
US enforces sanctions on Iranian oil trade following Tehran’s missile attack on Israel
সংগৃহীত ছবি

The United States has imposed sanctions on companies and vessels involved in trading and transporting Iranian oil in response to Tehran's recent missile attack on Israeli military sites. The sanctions, announced by the US Treasury and State Department, come as Israel vows to retaliate forcefully against the Iranian aggression,reports Al Jazeera.

Tehran fired a barrage of missiles at Israel on October 1 in retaliation for the killing of Hamas chief Ismail Haniyeh in Tehran and the assassinations of Hezbollah leader Hassan Nasrallah and an Iranian general in Beirut.

“In the aftermath of Iran’s unprecedented October 1 attack against Israel, the United States made clear that we would impose consequences on Iran for its actions,” US Secretary of State Antony Blinken said in a statement.

“To that end, we are taking steps today to disrupt the flow of revenue the Iranian regime uses to fund its nuclear program and missile development, support terrorist proxies and partners, and perpetuate conflict throughout the Middle East.”
Friday’s measures add Iran’s oil and petrochemical industries to a list of sectors that Washington says Tehran uses to fund its ballistic missiles and nuclear programmes, allowing further sanctions against them.
But Iranian oil and petrochemicals are already under heavy US sanctions.The most recent penalties appear to be aimed at tightening the enforcement of the restrictions on Iranian exports, while sending a message of support for Israel after the missile attack.

The State Department said the administration of US President Joe Biden is “issuing a determination that will lead to the imposition of sanctions against any person determined to operate in the petroleum or petrochemical sectors of the Iranian economy”.

The State Department sanctioned six entities and six vessels on Friday, while the Treasury targeted 17 ships.The vessels are registered in the United Arab Emirates, China and Panama, among other places.
The sanctions will freeze the entities’ assets in the US and generally make it illegal for Americans to engage in financial transactions with them.The region continues to anticipate the Israeli response to the attack, amid fears of spiralling escalation that could drag the entire Middle East to an all-out war.

In the past week, Biden suggested that Israel should refrain from striking Iran’s nuclear facilities or oilfields, but the Israeli government has repeatedly defied Biden’s public warnings in the past.

“The Israelis have not concluded what they are going to do. That’s under discussion,” Biden told reporters last week.
“If I were in their shoes, I would be thinking about other alternatives than striking Iranian oilfields.”

On Thursday, a spokesperson for Kataib Hezbollah, an Iran-allied Iraqi group, warned that if an “energy war” were to start, “the world would lose” about 12 million oil barrels daily — about 10 percent of the global production. The spokesperson did not provide further details.

A military attack on Iran’s oil sector could send global prices soaring and prove costly for American consumers, which would harm the election chances of the Democratic candidate, Vice President Kamala Harris.Earlier this week, Harris declared Iran as the US’s “greatest adversary” as she reasserted her “unwavering” support for Israel.

Biden spoke with Israeli Prime Minister Benjamin Netanyahu on Wednesday and reaffirmed his “ironclad” backing of the US ally as well.

US officials have portrayed the Iranian missile assault on Israel as unprovoked, although Haniyeh was assassinated on Iranian soil in an attack widely blamed on Israel in late July.

Asked after the killing of Haniyeh whether Iran “as a sovereign nation” has a right to defend itself, State Department spokesperson Vedant Patel dismissed the question, accusing Tehran of “destabilising” actions across the region.

Iran’s envoy to the United Nations, Amir Saeid Iravani, said this week that his country “stands fully prepared to defend its sovereignty and territorial integrity against any aggression targeting its vital interests and security."

Bd-pratidin English/Afia

More News
Taliban vows media ban on images of living beings
Taliban vows media ban on images of living beings
Hezbollah’s guided missiles afflict casualties on Israeli forces
Hezbollah’s guided missiles afflict casualties on Israeli forces
Cuban President Diaz leads pro-Palestinian march
Cuban President Diaz leads pro-Palestinian march
Harris courts Black voters as Trump makes inroads
Harris courts Black voters as Trump makes inroads
Iran to give remorseful response to any Israeli blunder: IRGC
Iran to give remorseful response to any Israeli blunder: IRGC
Taliban implementing media ban on images of living things
Taliban implementing media ban on images of living things
Nobel economics prize is being announced
Nobel economics prize is being announced
Sri Lanka shut schools as flood hammers the capital
Sri Lanka shut schools as flood hammers the capital
62 Palestinians killed in Gaza over past day
62 Palestinians killed in Gaza over past day
Man with loaded gun arrested near Trump's rally in Coachella
Man with loaded gun arrested near Trump's rally in Coachella
Ukraine claims it destroyed army transport plane in Russia
Ukraine claims it destroyed army transport plane in Russia
Iraq says against expansion of war towards Iran, use of airspace
Iraq says against expansion of war towards Iran, use of airspace
Latest News
HSC result: 1,45,911 students get GPA-5
HSC result: 1,45,911 students get GPA-5

1 minute ago | National

Army chief off to USA, Canada on official visit
Army chief off to USA, Canada on official visit

18 minutes ago | National

Is your child's back hurting? Screen time, heavy backpacks, obesity blamed
Is your child's back hurting? Screen time, heavy backpacks, obesity blamed

22 minutes ago | Lifestyle

The Polish artist who painted Hindu gods in Indian palaces
The Polish artist who painted Hindu gods in Indian palaces

37 minutes ago | Feature

77.78% pass rate in HSC
77.78% pass rate in HSC

42 minutes ago | National

AR Rahman supports Kamala Harris with virtual concert
AR Rahman supports Kamala Harris with virtual concert

42 minutes ago | Showbiz

Two die, three got sick from alcohol overdose
Two die, three got sick from alcohol overdose

1 hour ago | National

'Unique' Ronaldo an example to everyone: Martinez
'Unique' Ronaldo an example to everyone: Martinez

1 hour ago | Sports

realme 12 delivers ‘Born for Speed’ performance, defies competitors
realme 12 delivers ‘Born for Speed’ performance, defies competitors

1 hour ago | Corporate Corner

Google to use nuclear reactors to meet its energy needs
Google to use nuclear reactors to meet its energy needs

1 hour ago | Tech

Holy Fateha-e Yajdaham today
Holy Fateha-e Yajdaham today

1 hour ago | National

Atif Aslam returns to rock Dhaka concert in November
Atif Aslam returns to rock Dhaka concert in November

1 hour ago | Showbiz

For third consecutive day, Dhaka’s air remains ‘unhealthy’
For third consecutive day, Dhaka’s air remains ‘unhealthy’

1 hour ago | City

Mirpur-10 metro station resumes
Mirpur-10 metro station resumes

1 hour ago | City

Enforced disappearance victims’ families unhappy with govt’s ‘slow initiatives’
Enforced disappearance victims’ families unhappy with govt’s ‘slow initiatives’

2 hours ago | National

Taliban vows media ban on images of living beings
Taliban vows media ban on images of living beings

2 hours ago | International

Huge looted firearms, ammunition yet to be recovered
Huge looted firearms, ammunition yet to be recovered

2 hours ago | National

Enforced disappearances: BNP leader Salahuddin to go inquiry commission today
Enforced disappearances: BNP leader Salahuddin to go inquiry commission today

2 hours ago | National

Two bus collision kills 5 in Faridpur
Two bus collision kills 5 in Faridpur

2 hours ago | National

BJAF demands immediate withdrawal of cases against Tarique
BJAF demands immediate withdrawal of cases against Tarique

2 hours ago | National

Hezbollah’s guided missiles afflict casualties on Israeli forces
Hezbollah’s guided missiles afflict casualties on Israeli forces

2 hours ago | International

Cuban President Diaz leads pro-Palestinian march
Cuban President Diaz leads pro-Palestinian march

2 hours ago | International

Shomi Kaiser sued over remarks against Ziaur Rahman
Shomi Kaiser sued over remarks against Ziaur Rahman

3 hours ago | National

$986 million in remittances received in first 12 days of October
$986 million in remittances received in first 12 days of October

3 hours ago | Economy

Travel ban imposed on ex-assistant commissioner Urmi
Travel ban imposed on ex-assistant commissioner Urmi

3 hours ago | National

Ex-minister Faruk Khan arrested
Ex-minister Faruk Khan arrested

3 hours ago | National

Harris courts Black voters as Trump makes inroads
Harris courts Black voters as Trump makes inroads

3 hours ago | International

‘ICT reconstituted with new chairman Justice Golam Mortuza’
‘ICT reconstituted with new chairman Justice Golam Mortuza’

14 hours ago | National

Martyr Abu Sayeed passes NTRCA written test
Martyr Abu Sayeed passes NTRCA written test

14 hours ago | National

Govt seeks increased Turkish investment
Govt seeks increased Turkish investment

14 hours ago | National

Most Read
Flood victims in remote areas get food aid
Flood victims in remote areas get food aid

1 month ago | National

Bashundhara Group urges govt to stop propaganda to safeguard millions’ livelihoods
Bashundhara Group urges govt to stop propaganda to safeguard millions’ livelihoods

1 week ago | National

Nowfel and Liton: Duo in looting Tk 5,000 crore through fake cigarettes, band rolls
Nowfel and Liton: Duo in looting Tk 5,000 crore through fake cigarettes, band rolls

1 week ago | Special

Agarwala’s Diamond World evades Tk25,200cr in VAT
Agarwala’s Diamond World evades Tk25,200cr in VAT

1 month ago | National

What's behind China's gold-buying spree?
What's behind China's gold-buying spree?

6 months ago | Feature

Tasty drinks to boost kids' immunity in winter
Tasty drinks to boost kids' immunity in winter

9 months ago | Lifestyle

Prince Harry, Britney Spears’ memoirs shortlisted for British Book Awards
Prince Harry, Britney Spears’ memoirs shortlisted for British Book Awards

7 months ago | Lifestyle

Russell's Viper: Myths, Facts, and Everything You Need to Know
Russell's Viper: Myths, Facts, and Everything You Need to Know

3 months ago | Feature

Concerns mount over looted weapons
Concerns mount over looted weapons

2 months ago | Special

English Speaking Clubs in Bangladeshi Schools: A Path to Global Competence
English Speaking Clubs in Bangladeshi Schools: A Path to Global Competence

6 months ago | Reader column

Who was Thomas Matthew Crooks, the 20-year-old man tagged as Trump Shooter
Who was Thomas Matthew Crooks, the 20-year-old man tagged as Trump Shooter

3 months ago | International

Pakistan takes on Sri Lanka in Asia Cup final
Pakistan takes on Sri Lanka in Asia Cup final

2 years ago | Sports

Pori Moni’s film campaign in Kolkata’s puja mandap
Pori Moni’s film campaign in Kolkata’s puja mandap

19 hours ago | Showbiz

Bangladesh to play two T20s against UAE
Bangladesh to play two T20s against UAE

2 years ago | Sports

Woman held with 20 gold bars in Chuadanga
Woman held with 20 gold bars in Chuadanga

1 year ago | National

World's rarest whale washes up on New Zealand beach
World's rarest whale washes up on New Zealand beach

2 months ago | Feature

Newly appointed Indian HC Pranay Kumar arrives in Dhaka
Newly appointed Indian HC Pranay Kumar arrives in Dhaka

2 years ago | National

Some skills to learn before going to study abroad
Some skills to learn before going to study abroad

9 months ago | Lifestyle

Factors that influence ADHD symptoms
Factors that influence ADHD symptoms

3 months ago | Lifestyle

Coconut for summer skin and hair care
Coconut for summer skin and hair care

3 months ago | Lifestyle

Study reveals changing attitudes of Bangladeshis towards Rohingya refugees
Study reveals changing attitudes of Bangladeshis towards Rohingya refugees

5 months ago | Feature

Sajia Tonny's 'Style with Me by Sajia' becomes popular in social media
Sajia Tonny's 'Style with Me by Sajia' becomes popular in social media

4 months ago | Lifestyle

Facebook turns 20: From Zuckerberg's dormitory to a $1tn company
Facebook turns 20: From Zuckerberg's dormitory to a $1tn company

8 months ago | Feature

Exploring Ratargul Swamp Forest: A Comprehensive Travel Guide to the “Amazon of Bangladesh”
Exploring Ratargul Swamp Forest: A Comprehensive Travel Guide to the “Amazon of Bangladesh”

5 months ago | Feature

Pentagon ran secret anti-vax campaign to undermine China during pandemic
Pentagon ran secret anti-vax campaign to undermine China during pandemic

3 months ago | Feature

King Charles III celebrates 75th birthday
King Charles III celebrates 75th birthday

11 months ago | Lifestyle

Dhakaiaa Jamdani revolutionizing fashion in Bangladesh
Dhakaiaa Jamdani revolutionizing fashion in Bangladesh

3 months ago | Lifestyle

Aquaculture production overtakes capture fisheries for first time
Aquaculture production overtakes capture fisheries for first time

4 months ago | Feature

Real Madrid down Juventus 2-0 in friendly
Real Madrid down Juventus 2-0 in friendly

2 years ago | Sports

Girl discovers dinosaur footprints on beach
Girl discovers dinosaur footprints on beach

1 month ago | Lifestyle