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Trump Admin Eyes Crackdown on Iranian Oil Smuggling: Report

by Washington Free Beacon
March 7, 2025
in Aggregated, News
Trump Admin Eyes Crackdown on Iranian Oil Smuggling: Report

The Trump administration is weighing a plan to intercept and inspect Iranian oil tankers at sea as part of an international agreement that aims to stop the spread of weapons of mass destruction, Reuters reported.

The proposal, part of President Donald Trump’s “maximum pressure” campaign to stop Tehran from obtaining a nuclear weapon, would allow allied nations to examine vessels passing through important shipping channels such as the Malacca Strait in the Indian Ocean. The move could disrupt Iran’s shipments of crude oil, a critical revenue stream for the Islamic Republic, sources told Reuters.

Since his return to the White House, Trump has imposed fresh sanctions on Iran, targeting companies that transport oil from and to U.S.-sanctioned countries. During former president Joe Biden’s term, Iran managed to increase oil exports through its smuggling networks, according to Reuters.

Trump officials are assessing whether the plan could be implemented under the Proliferation Security Initiative, a U.S.-led agreement launched in 2003 and signed by more than 100 governments to combat the trafficking of WMDs.

“You don’t have to sink ships or arrest people to have that chilling effect that this is just not worth the risk,” a source told Reuters, saying that delays alone could destabilize Iran’s smuggling networks. […]

— Read More: freebeacon.com






At Last, a Company With Integrity in the Gold IRA Industry

For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.

I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.

After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:

  • Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
  • Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
  • No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.

Reach out to Augusta Precious Metals to learn more about protecting your wealth and retirement with physical precious metals.

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