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President Donald Trump declared that any country or individual purchasing oil or petrochemicals from Iran will face U.S. secondary sanctions and be barred from doing business with the United States. ⁠

In a post on Truth Social, he stated: “Any Country or person who buys ANY AMOUNT of OIL or PETROCHEMICALS from Iran will be subject to, immediately, Secondary Sanctions. They will not be allowed to do business with the United States of America in any way, shape, or form.”⁠

This announcement aligns with Trump’s ongoing “maximum pressure” campaign, which seeks to halt Iran’s oil exports entirely. ⁠

His administration accuses Iran of using energy revenue to support militant groups in the Middle East and continues to negotiate over its nuclear ambitions—an effort Tehran denies is related to weapon development.⁠

The news triggered a jump in oil markets, with U.S. crude rising nearly 2% to $59.32 per barrel and Brent crude climbing to $62.21. ⁠

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President Donald Trump declared that any country or individual purchasing oil or petrochemicals from Iran will face U.S. secondary sanctions and be barred from doing business with the United States. ⁠...
President Donald Trump declared that any country or individual purchasing oil or petrochemicals from Iran will face U.S. secondary sanctions and be barred from doing business with the United States. ⁠...
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