With Operation Epic Fury currently in a ceasefire, the U.S. continuing with economic fury against the
Iranian regime, this time targeting a Chinese company accused of helping Iran sell billions
of dollars worth of sanctioned oil. NTD's Jason Perry has more. The United States targeting Iran's
pocketbooks during the ceasefire between the two countries. In Operation Economic Fury, the U.S.
says it will continue to intensify economic pressure on the Iranian regime, saying Iran's
illicit oil trade is the primary way it makes money to support terrorism and regional destabilization.
Analysts suggest that Iran has survived sanctions by selling oil to China. However, the U.S. says
it's also targeting the international network that sustains Iran's illicit energy trade. On Friday,
the State Department announcing sanctions targeting a Chinese company which the U.S.
accuses of helping Iran sell billions of dollars of sanctioned oil. The Qingdao High Oil Terminal
Company runs an oil port in China, and the U.S. says the firm has been using
deceptive shipping practices and sophisticated evasion schemes to help the Iranian regime
sell billions worth of sanctioned oil. Also on Friday, as part of Economic Fury,
the Treasury Department imposing more sanctions on Iran's financial infrastructure,
this time targeting three Iranian currency exchange houses accused of funding the regime's
quote, destabilizing activities, adding that those businesses convert Iran's oil revenues
into usable currency for the regime and its network of proxies throughout the region.
Treasury Secretary Scott Besson on Friday saying it's difficult for the Iranian leadership to
know what's going on in the outside world, as they quote, literally sit in the dark,
adding this about the situation. The United States has complete control of the Strait of Hormuz.
Iran has a hard currency shortage. Food and gasoline rationing are in place. The entire
international community has turned against you, and the blockade on the Hormuz Strait will continue
until there is pre-February 27 freedom of navigation. Jason Perry, NTD News.