New posts
08:42
US Flags Sanctions Risk Over China “Teapot” Refineries
The US Treasury Department has warned that China-based impartial “teapot” refineries, particularly in Shandong Province, pose sanctions dangers because of their position in importing Iranian crude oil.
According to the Treasury, China buys about 90 p.c of Iran’s oil exports, a lot of it processed by these smaller refineries, producing income for Tehran.
“This revenue ultimately benefits the Iranian regime, its weapons programs, and its military,” the Treasurystatementsaid.
The United States has intensified financial stress on Iran by concentrating on the countrys worldwide shadow banking infrastructure, shadow transport fleet, and Chinese “teapot” refineries that help Tehrans oil commerce, as a part of the administrations “maximum pressure” marketing campaign, Treasury Secretary Scott Bessent mentioned in a poston X.
Bessent said that Iran’s key oil export hub, Kharg Island, is nearing storage capability, a scenario that might power Tehran to cut back oil manufacturing. He added that this might value the nation round $170 million per day in misplaced income and probably trigger “permanent damage to Iran’s oil infrastructure.”
“Treasury will continue to exert maximum pressure and any person, vessel, or entity facilitating illicit flows to Tehran risks exposure to U.S. sanctions,” Bessent wrote on X.
Share
Share
-
Copy hyperlink
-
Facebook
-
X (Twitter)
-
LinkedIn
-
Email
23:59
28.4.2026
We are actually closing the reside weblog for the day. We’ll be again at 7:30 a.m. Central European time to cowl the most recent occasions throughout the Middle East.
Share
Share
-
Copy hyperlink
-
Facebook
-
X (Twitter)
-
LinkedIn
-
Email
22:09
28.4.2026
US Hits Iran’s ‘Shadow Banking’ Network With New Sanctions
The US has introduced new sanctions concentrating on 35 entities and people tied to Iran’s covert monetary community.
Announcing the transfer, State Department spokesperson Tommy Pigott mentioned that Iran’s shadow banking operations have “enabled the transfer of tens of billions of dollars to evade sanctions.”
The United States maintains a complete sanctions regime in opposition to Iran, together with a near-total commerce embargo for US individuals, frozen Iranian belongings, bans on dealings with the Iranian authorities and the Islamic Revolutionary Guards Corps (IRGC), and secondary sanctions that punish overseas corporations for partaking in Irans oil, petrochemical, transport, finance, and weapons sectors.
Under the present most stress marketing campaign, the US has added lots of of latest designations since 2025 concentrating on shadow fleets, illicit monetary networks, and proliferation actions.
Pigott mentioned that the newly focused shadow banking community had enabled Iranian forces such because the IRGC “to illicitly access the international financial system to obtain proceeds from illicit oil sales, acquire sensitive components for missiles and other weapons systems, and fund Iran’s terrorist proxy groups throughout the Middle East.”
Dismantling these channels, Pigott mentioned, would advance the Trump administrations coverage within the battle with Iran and proceed to impose “maximum pressure” on the Islamic republic.
In a publish on X, Treasury Secretary Scott Bessent mentioned that funds funneled by way of this shadow banking system “support the regimes ongoing terrorist operations, posing a direct threat to US personnel, regional allies, and the global economy.”
Share
Share
-
Copy hyperlink
-
Facebook
-
X (Twitter)
-
LinkedIn
-
Email
20:40
28.4.2026
Britain Summons Iranian Ambassador Over Social Media Posts
Britain introduced on April 28 that it had summoned Iran’s ambassador to London following what it described as “unacceptable and inflammatory comments on social media.
The British Foreign Office said in a statement that Middle East Minister Hamish Falconer had stressed that the Iranian embassy “should stop any type of communications that may very well be interpreted as encouraging violence within the UK or internationally.”
Iranian officials were not immediately available for comment after the British announcement, Reuters reported.
In a post on the Telegram channel of the Iranian Embassy in London earlier this month, Iranians living in the UK were asked to volunteer for the “Jan Feda” campaign, in which they would declare their readiness to sacrifice their lives in a war with the US and Israel.
The Foreign Office did not specify which of the embassy’s social media posts it was referring to. British MPs have previously warned of significant and widespread threats from Iran against the UK.
Britain also summoned Iran’s ambassador last month after an Iranian citizen and a British-Iranian dual national were charged under the UK’s National Security Act for allegedly assisting Irans intelligence services.
Share
Share
-
Copy link
-
Facebook
-
X (Twitter)
-
LinkedIn
-
Email
20:19
28.4.2026
European Parliament’s Iran Delegation Head Demands Release Of Political Prisoners
The chair of the European Parliament’s Delegation for relations with Iran has called for the release of Nasrin Sotoudeh, Narges Mohammadi, and other political prisoners in Iran.
Referring to recent talks between Iran and the United States in Islamabad, Hannah Neumann posted on X on April 28: We demand #NasrinSotoudehs immediate release. No deal unless the Iranian regime opens the internet, #StopExecutionsInIran and releases all #politicalprisoners!.
She also spoke to the European Parliament.
Sotoudeh, a lawyer and human rights activist, was arrested at her home in Tehran on the evening of April 1 without being charged.
Meanwhile, concerns have grown about Mohammadi’s health in prison and reports that the Nobel Peace Prize winner is being denied access to proper medical care.
Share
Share
-
Copy link
-
Facebook
-
X (Twitter)
-
LinkedIn
-
Email
18:09
28.4.2026
Chinese Leadership Pledges To Prioritize Energy Security In Wake Of Iran War
In a meeting held on April 28, Chinas leadership laid out plans to strengthen the economy by prioritizing energy security and technology self-sufficiency in the wake of the Iran war.
Beijings highest decision-making body, the Politburo, pledged to systemically respond to external challenges and counter various uncertainties, according to a readout published in Xinhua, a prominent Chinese news outlet.
Beijing has been comparatively resilient to the effects of the war in Iran, largely due to oil stockpiles and a focus on renewable energy. The extended blockade, however, of the Strait of Hormuz is starting to take effect.
A 5 percent growth figure for the first quarter shows that China has weathered the worst of the energy shock, but the economy has still been affected by the crisis. Export growth slowed to 2.5 percent in March, down from 21.8 percent between January and February.
Speaking to Reuters on April 28, Zhang Zhiwei, chief economist at Pinpoint Asset Management, said that Beijings economic momentum will likely slow in the second quarter due to the uncertain external environment and high energy prices.”
Share
Share
-
Copy hyperlink
-
Facebook
-
X (Twitter)
-
LinkedIn
-
Email
16:34
28.4.2026
Trump Says Iran Wants The US To Open The Strait Of Hormuz
US President Donald Trump has mentioned that Iran has requested the US to open the Strait of Hormuz.
In a publish on his FactSocial community, Trump mentioned that Iran had “informed us that they are in a ‘State of Collapse'” and needed the US to open the strait “as soon as possible.”
Iran has restricted industrial transport from transiting by way of the strait, whereas the United States has enforced a naval blockade on all ships coming into or leaving Iranian ports. This has led to sharply lowered visitors and ongoing disruptions to international oil flows.
Trump mentioned Iran needed the strait opened as they struggle to determine their management scenario, though it stays unclear precisely what he was referring to.
After Iranian Supreme Leader Ayatollah Ali Khamenei was killed in a US-Israeli assault, his son Mojtaba Khamenei was reportedly appointed, though he has not but been seen in public, with some hypothesis that he was additionally injured in air strikes.
There are divisions in Iran between varied political teams about whether or not to barter with the US.
Trump has mentioned earlier than that Iran desires the Strait of Hormuz open. In a April 22 FactSocial publish, Trump mentioned that Iran needed the strait open instantly because the nation was”collapsing financially.”
Share
Share
-
Copy hyperlink
-
Facebook
-
X (Twitter)
-
LinkedIn
-
Email
13:57
28.4.2026
Beijing Pushes Back As US Sanctions Chinese Oil Refinery Over Iran Links
Beijing has pushed again on a US choice to sanction the Hengli oil refinery, rejecting Washington’s accusations that the corporate “plays an outsized role” in shopping for Iranian oil.
The US Treasury Department final week sanctioned the Hengli Petrochemical (Dalian) Refinery, primarily based in China’s northeastern Liaoning Province, for having “purchased billions of dollars’ worth” of Iranian petroleum.
Washington accuses Hengli of taking part in an instrumental position in sustaining Iran’s oil financial system since US and Israeli air strikes on Iran sparked a warfare that has unfold by way of the Middle East. Hengli is China’s second-largest “teapot” refinery — the identify for impartial Chinese oil refineries — and performs “an outsized role in purchasing crude oil from Iran’s armed forces,” in accordance with the Treasury Department.
To learn the total report, clickhere.
Share
Share
-
Copy hyperlink
-
Facebook
-
X (Twitter)
-
LinkedIn
-
Email
12:50
28.4.2026
Oil Prices Rise For Seventh Consecutive Day
Oil costs continued their upward development on April 28.
As uncertainties persist over whether or not Iran and the United States will attain an settlement to finish the warfare and reopen the Strait of Hormuz, the worth of Brent crude oil for June supply rose in European markets on the morning of April 28, rising nearly 3 p.c to exceed $111 per barrel.
Oil costs rose for the seventh consecutive day on international markets, whereas shares fell in lots of Asian monetary markets on April 28.
The failure of Iran-US talks after the cease-fire and rising issues concerning the long-term financial influence of the closure of the Strait of Hormuz on the worldwide financial system have led to elevated hypothesis about adjustments in central financial institution coverage in varied nations.
This coverage change takes the type of an rate of interest improve to counter the inflationary results of current developments.
(illustration)
Share
Share
-
Copy hyperlink
-
Facebook
-
X (Twitter)
-
LinkedIn
-
Email
12:13
28.4.2026
Iran, US Locked In Strategic ‘Staring Contest’ Over Hormuz, Says Former CENTCOM Official Joe Buccino
Guided-missile destroyer USS Rafael Peralta (DDG 115) enforces the US blockade of Iranian ports in opposition to the ship M/T Stream after it tried to sail to an Iranian port, on April 26.
WASHINGTON — The US Navy’s blockade of Iranian ports, now in its third week, has stopped nearly the entire nation’s maritime commerce, together with key oil exports. But it has additionally ratcheted up tensions between the 2 sides as they maintain sporadic peace negotiations.
RFE/RL spoke with former US Central Command (CENTCOM) Communications Director and retired US Army Colonel Joe Buccino on April 27 to debate the escalating scenario and the strategic “staring contest” now defining the area.
Of the stalemate between Washington and Tehran on the opening of the Strait of Hormuz, Buccino says: “Iran understands this creates economic pressure far beyond the region; oil markets, global trade, and energy security are all affected.”
At the identical time, the US has deployed important naval energy, together with three provider strike teams — greater than at any level within the area since 2003,” he said. “What you could have now’s primarily a staring contest: either side ready to see who yields first.”
To learn the total interview, clickhere.
Share
Share
-
Copy hyperlink
-
Facebook
-
X (Twitter)
-
LinkedIn
-
Email
Load extra