Trump targets Iranian oil with sanctions, increasing pressure on Islamic Republic to make deal on nukes

The Trump administration on Thursday targeted Iranian oil with a new slate of sanctions – a move that increases pressure on the Islamic Republic amid talks between U.S. and Iranian officials to make a deal to prevent nuclear proliferation, Fox News Digital has learned. 

The Treasury Department’s Office of Foreign Assets Control increased pressure on Iran’s export of oil Thursday, designating the "teapot" refinery Hebei Xinhai Chemical Group Co., Ltd., and three port terminal operators in Shandong province, China, for their role in purchasing or facilitating the delivery of hundreds of millions of dollars’ worth of Iranian oil. 

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