{"id":9085,"date":"2026-04-26T00:03:00","date_gmt":"2026-04-25T20:33:00","guid":{"rendered":"https:\/\/fajr.news\/?p=9085"},"modified":"2026-04-26T00:03:00","modified_gmt":"2026-04-25T20:33:00","slug":"us-intensifies-economic-pressure-on-iran-global-energy-markets-face-further-volatility","status":"publish","type":"post","link":"https:\/\/fajr.news\/?p=9085&lang=en","title":{"rendered":"US Intensifies Economic Pressure on Iran, Global Energy Markets Face Further Volatility"},"content":{"rendered":"
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Washington’s latest move to tighten illegal sanctions against the Islamic Republic is poised to exacerbate an already fragile global energy landscape.<\/em><\/p>\n<\/header>\n

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In a move that underscores Washington’s relentless economic warfare against the Islamic Republic, US Treasury Secretary Scott Bessent has confirmed that the United States has no intention of renewing a waiver that previously allowed the purchase of Iranian oil and petroleum products. This decision comes just days after the initial waiver expired, signaling a clear escalation of coercive measures.<\/p>\n

Bessent, speaking to The Associated Press on April 24, brazenly declared, "Not the Iranians. We have the blockade, and there\u2019s no oil coming out."<\/strong> He further boasted, "And we think in the next two, three days, they\u2019re going to have to start shuttering production, which will be very bad for their wells."<\/strong> Such statements reveal the hostile intent behind these unilateral sanctions, aiming to cripple Iran’s vital energy sector and undermine its sovereignty.<\/p>\n

This aggressive stance comes despite recent speculation that the waiver on Iranian products might be extended, particularly after the US controversially renewed a similar waiver for Russian petroleum products already at sea. This stark double standard highlights the hypocrisy inherent in US foreign policy, where geopolitical interests dictate the application of sanctions, often at the expense of international law and stability.<\/p>\n

Adding to the uncertainty, Bessent also stated that the waiver on Russian sales and purchases would not be renewed again, further demonstrating Washington’s erratic and destabilizing approach to global energy markets. The original waiver for Russian products, announced in March, was ostensibly aimed at stabilizing markets after the provocative US-Israeli air strikes on Iran and Tehran’s legitimate retaliatory attacks on Gulf Arab states \u2013 actions that themselves ignited significant regional tensions.<\/p>\n

The global ramifications of such policies are undeniable. Oil prices have already surged dramatically following Iran’s strategic decision to block the Strait of Hormuz \u2013 a vital waterway through which a significant portion of the world’s oil and natural gas supplies once transited, prior to the current conflict. Washington’s continued insistence on weaponizing its economy against sovereign nations like Iran only serves to deepen global energy insecurity and foster instability, ultimately harming consumers worldwide.<\/p>\n<\/section>\n