Washington Imposes New Sanctions on Iran’s Petroleum Sales

US Treasury's Under Secretary for Terrorism and Financial Intelligence Brian Nelson. (US Treasury)
US Treasury's Under Secretary for Terrorism and Financial Intelligence Brian Nelson. (US Treasury)
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Washington Imposes New Sanctions on Iran’s Petroleum Sales

US Treasury's Under Secretary for Terrorism and Financial Intelligence Brian Nelson. (US Treasury)
US Treasury's Under Secretary for Terrorism and Financial Intelligence Brian Nelson. (US Treasury)

The United States on Thursday imposed sanctions on companies it accused of involvement in Iran's petrochemical and petroleum trade, pressuring Tehran as it seeks to revive the 2015 Iran nuclear deal.

“So long as Iran refuses a mutual return to full implementation of the Joint Comprehensive Plan of Action (JCPOA), the US will continue to enforce its sanctions on the sale of Iranian petroleum and petrochemical products,” the Treasury's Under Secretary for Terrorism and Financial Intelligence, Brian Nelson, said in a statement.

Washington warned that it would continue to accelerate enforcement of sanctions on Iran's petroleum and petrochemical sales so long as Tehran continues to accelerate its nuclear program.

Anyone involved in such sales and transactions should stop immediately if they wish to avoid being subjected to US sanctions, he said.

The US Treasury Department also slapped sanctions on a network of companies involved in what it said was the sale of hundreds of millions of dollars worth of Iranian petrochemical and petroleum products to South and East Asia.

The action targeted Iranian brokers and front companies in the United Arab Emirates, Hong Kong and India, the Treasury said.

These sanctions are expected to be part a broader plan to step up sanctions on Tehran in coming weeks, as the prospects of reviving the nuclear pact have dimmed.

The US sanctions include Iran’s oil sector and countries that are involve in oil trade with Tehran. However, some countries like China were able to evade these sanctions by hiding the source of its oil imports.

Separately, the Biden administration’s negotiations with Iran over a revamped version of the 2015 nuclear deal have hit a dead end, jeopardizing the likelihood of a new agreement, senior US officials informed Congress during a classified briefing.

“Two weeks ago, they thought they had a deal, and now they know they don’t have a deal, and are stymied about how they get to a deal because they’ve negotiated all there was to negotiate, and, at the end of the day, Iran doesn’t want the deal that was negotiated,” Rep. Darrell Issa told the Washington Free Beacon.

“We’ve negotiated for a year and a half through our good friend and honest broker Russia and we got the same thing that we should have expected, which is, they want a better deal than they had before, and if you don’t give them a better deal, then they don’t want a deal,” Issa added. “They’re basically on the eve of getting a nuclear weapon and don’t want to be talked out of it.”

State Department spokesman Ned Price confirmed earlier this week that negotiations with Iran “are not in a healthy place right now.”

“We’ve made clear that while we have been sincere and steadfast in our efforts to see to it that Iran is once again permanently and verifiably barred from a nuclear weapon, we haven’t seen the Iranian government make the decision that it would need to make if it were to commit to a mutual return to compliance with the nuclear deal,” Price said.

Some lawmakers accuse the administration of issuing contradictive statements in this regard despite reaching a dead end.

Sources in the Congress told Asharq Al-Awsat that Democrats and Republicans are pressuring the White House to announce a stop to negotiations, amid protests over the death of a woman in police custody.

They affirmed that taking a firm stance in this issue will be considered a clear support for Iranian protesters, especially if it coincides with lifting sanctions on Tehran and allowing it to have access to funds it will use to support terrorism in Tehran and abroad.

Issa said that Iranians wanted concessions to their terrorism-linked sanctions, which is a demand neither Republicans nor Democrats will allow.



Top Trump Iran Negotiator Says Visits US Aircraft Carrier in Middle East

US Special Envoy Steve Witkoff delivers a press conference upon the signing of the declaration on deploying post-ceasefire force in Ukraine, during the so-called "Coalition of the Willing" summit, at the Elysee Palace in Paris, France, January 6, 2026. (Reuters)
US Special Envoy Steve Witkoff delivers a press conference upon the signing of the declaration on deploying post-ceasefire force in Ukraine, during the so-called "Coalition of the Willing" summit, at the Elysee Palace in Paris, France, January 6, 2026. (Reuters)
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Top Trump Iran Negotiator Says Visits US Aircraft Carrier in Middle East

US Special Envoy Steve Witkoff delivers a press conference upon the signing of the declaration on deploying post-ceasefire force in Ukraine, during the so-called "Coalition of the Willing" summit, at the Elysee Palace in Paris, France, January 6, 2026. (Reuters)
US Special Envoy Steve Witkoff delivers a press conference upon the signing of the declaration on deploying post-ceasefire force in Ukraine, during the so-called "Coalition of the Willing" summit, at the Elysee Palace in Paris, France, January 6, 2026. (Reuters)

US President Donald Trump's lead Iran negotiator Steve Witkoff on Saturday said he visited the USS Abraham Lincoln aircraft carrier currently in the Arabian Sea, with Washington and Tehran due to hold further talks soon.

"Today, Adm. Brad Cooper, Commander of US Naval Forces Central Command, Jared Kushner, and I met with the brave sailors and Marines aboard the USS Abraham Lincoln, her strike group, and Carrier Air Wing 9 who are keeping us safe and upholding President Trump's message of peace through strength," said Witkoff in a social media post.

Iranian Foreign Minister Abbas Araghchi said on Saturday he hoped talks with the United States would resume soon, while reiterating Tehran's red lines and warning against any American attack.


Israel’s Netanyahu Expected to Meet Trump in US on Wednesday and Discuss Iran

Israeli Prime Minister Benjamin Netanyahu delivers a speech during a special session to mark the 77th anniversary of the Knesset's establishment and the 60th anniversary of the dedication of the current building at the Knesset, the Israeli parliament, in Jerusalem, 02 February 2026. (EPA)
Israeli Prime Minister Benjamin Netanyahu delivers a speech during a special session to mark the 77th anniversary of the Knesset's establishment and the 60th anniversary of the dedication of the current building at the Knesset, the Israeli parliament, in Jerusalem, 02 February 2026. (EPA)
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Israel’s Netanyahu Expected to Meet Trump in US on Wednesday and Discuss Iran

Israeli Prime Minister Benjamin Netanyahu delivers a speech during a special session to mark the 77th anniversary of the Knesset's establishment and the 60th anniversary of the dedication of the current building at the Knesset, the Israeli parliament, in Jerusalem, 02 February 2026. (EPA)
Israeli Prime Minister Benjamin Netanyahu delivers a speech during a special session to mark the 77th anniversary of the Knesset's establishment and the 60th anniversary of the dedication of the current building at the Knesset, the Israeli parliament, in Jerusalem, 02 February 2026. (EPA)

Israeli Prime Minister Benjamin Netanyahu is expected to meet US President Donald Trump on Wednesday in Washington, where they will discuss negotiations with Iran, Netanyahu's office said on Saturday.

Iranian and US officials held indirect nuclear ‌talks in the ‌Omani capital ‌Muscat ⁠on Friday. ‌Both sides said more talks were expected to be held again soon.

A regional diplomat briefed by Tehran on the talks told Reuters Iran insisted ⁠on its "right to enrich uranium" ‌during the negotiations with ‍the US, ‍and that Tehran's missile capabilities ‍were not raised in the discussions.

Iranian officials have ruled out putting Iran's missiles - one of the largest such arsenals in the region - up ⁠for discussion, and have said Tehran wants recognition of its right to enrich uranium.

"The Prime Minister believes that any negotiations must include limiting ballistic missiles and halting support for the Iranian axis," Netanyahu's office said in a ‌statement.


Italy FM Rules Out Joining Trump’s ‘Board of Peace’

Italy's Minister for Foreign Affairs Antonio Tajani speaks to the press during the EPP Leaders’ meeting, in Zagreb, Croatia, 30 January 2026. (EPA)
Italy's Minister for Foreign Affairs Antonio Tajani speaks to the press during the EPP Leaders’ meeting, in Zagreb, Croatia, 30 January 2026. (EPA)
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Italy FM Rules Out Joining Trump’s ‘Board of Peace’

Italy's Minister for Foreign Affairs Antonio Tajani speaks to the press during the EPP Leaders’ meeting, in Zagreb, Croatia, 30 January 2026. (EPA)
Italy's Minister for Foreign Affairs Antonio Tajani speaks to the press during the EPP Leaders’ meeting, in Zagreb, Croatia, 30 January 2026. (EPA)

Italy will not take part in US President Donald Trump's "Board of Peace", Italian Foreign Minister Antonio Tajani said Saturday, citing "insurmountable" constitutional issues.

Trump launched his "Board of Peace" at the World Economic Forum in Davos in January and some 19 countries have signed its founding charter.

But Italy's constitution bars the country from joining an organization led by a single foreign leader.

Prime Minister Giorgia Meloni, a Trump ally, last month noted "constitutional problems" with joining, but suggested Trump could perhaps reopen the framework "to meet the needs not only of Italy, but also of other European countries".

Tajani appeared Saturday to rule that out.

"We cannot participate in the Board of Peace because there is a constitutional limit," he told the ANSA news agency.

"This is insurmountable from a legal standpoint," he said, the day after meeting US Secretary of State Marco Rubio and US Vice President JD Vance at the Olympics in Milan.

Although originally meant to oversee Gaza's rebuilding, the board's charter does not limit its role to the Palestinian territory and appears to want to rival the United Nations.