$BTC Trump Slams the Hammer on Iranian Oil: "Buy It, You're on the Blacklist"

May 1 (Reuters) - Trump has just declared open season for anyone foolish enough to buy Iranian oil. In his classic blunt style, he lashed out on Truth Social:

"Buy Iranian oil? Congratulations—now you're banned from doing business with the U.S. Period."

What's happening?

Total embargo mode: Trump is reactivating his "maximum pressure" campaign to suffocate Iranian oil exports to ZERO.

Secondary sanctions = economic death sentence: If China (or anyone else) keeps buying, the U.S. will cut them off from U.S. markets.

Targets already in sight: The U.S. has just imposed sanctions on a Chinese oil storage facility and an independent refinery linked to Iranian crude.

Why this matters

China is the big buyer—so if Trump really wants to hurt Iran, he'll have to go after Chinese banks next.

Oil markets could panic: If Iran's supply is taken off the market, prices could soar (again).

Iran's nuclear plans? Trump is betting that depriving Tehran of cash will force them to yield.

Conclusion

Trump is not playing. If you're dealing with Iran, be prepared for a U.S. boot on your neck.