Trump: "Secondary Sanctions on Countries and Individuals Purchasing Iranian Oil and Petrochemical Products"

Sanctions Intensified Ahead of Fourth Nuclear Talks
On Social Media: "Those Purchasing Iranian Oil Cannot Trade with the U.S."

U.S. President Donald Trump announced on May 1 (local time) that, ahead of the fourth round of nuclear negotiations with Iran, the United States will impose "secondary sanctions" prohibiting all countries and individuals who purchase Iranian petrochemical products from conducting transactions with the U.S.

AP Yonhap News

On the same day, President Trump posted on his self-created social networking service, Truth Social, stating, "All purchases of Iranian oil or petrochemical products must cease immediately," and made this announcement.

He explained, "Any country or individual that purchases any amount of oil or petrochemical products from Iran will be subject to secondary sanctions immediately," adding, "Such countries will not be able to conduct any form of transactions with the United States."

The United States is strengthening sanctions targeting oil-related products, which are a major source of revenue for Iran as nuclear negotiations continue. The previous day, the U.S. Department of State designated five companies involved in transactions of Iranian petrochemical products as new targets for sanctions, including four trading companies headquartered in the United Arab Emirates (UAE) and one trading company registered in T?rkiye. Entities subject to these sanctions will have all assets in the United States frozen and will be prohibited from engaging in any transactions with U.S. persons.

The United States and Iran will hold the fourth round of nuclear negotiations in Rome, Italy, on May 3.