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January 20, 2025executiveMaximum PressureOil SanctionsForeign PolicyExecutive OrderSanctions Intensification

Trump returns to office immediately reinstates maximum pressure on Iran

President Donald Trump begins his second term and signs executive orders reinstating maximum pressure on Iran. Trump directs OFAC to cancel any remaining oil import waivers and intensifies enforcement against countries importing Iranian crude. The Treasury Department announces new designations targeting Iran's oil trade financing and shipping networks. Oil markets react with volatility as traders anticipate renewed supply disruptions.