Steelman · slot A
Close the back door on Iranian crude
A US sanctions enforcement official would argue —Maximum pressure only works if it actually constricts Iran's oil revenue, and for years that revenue has flowed because a handful of Chinese terminals like Qingdao Haiye, small "teapot" refineries, and a shadow fleet of tankers have specialized in laundering Iranian barrels into the global market. Sanctioning the terminal that physically receives the crude is precisely the right pressure point: it's where the evasion stops being deniable and becomes a documented commercial act. Firms that knowingly build a business model around handling sanctioned Iranian petroleum are not innocent bystanders to US foreign policy — they are the infrastructure of evasion, and they should face the same consequences as the Iranian exporters they serve.