U.S. Imposes New Sanctions On Iran Oil Exports, Targets Chinese Firms
Date
9/29/2022 6:21:57 PM
(MENAFN- Trend News Agency)
The United States on Thursday imposed sanctions on companies it
accused of involvement in Iran's petrochemical and petroleum trade,
including five based in China, pressuring Tehran as it seeks to
revive the 2015 Iran nuclear deal, reports citing .
'So long as Iran refuses a mutual return to full implementation
of the Joint Comprehensive Plan of Action, the United States will
continue to enforce its sanctions on the sale of Iranian petroleum
and petrochemical products,' the Treasury's Under Secretary for
Terrorism and financial Intelligence Brian Nelson said in a
statement.
The Iranian mission to the United Nations in New York did not
immediately respond to a request for comment.
U.S. Secretary of State Antony Blinken said in a separate
statement that the State Department designated two China-based
companies, Zhonggu Storage and Transportation Co Ltd and WS
Shipping Co Ltd.
Blinken accused Zhonggu Storage and Transportation Co Ltd of
operating a commercial crude oil storage facility for Iranian
petroleum and WS Shipping Co Ltd of being a ship manager for a
vessel that has transported Iranian petroleum products.
Reuters could not immediately reach the two companies for
comment.
The U.S. Treasury Department also slapped sanctions on a network
of companies involved in what it said was the sale of hundreds of
millions of dollars worth of Iranian petrochemical and petroleum
products to South and East Asia.
The action targeted Iranian brokers and front companies in the
United Arab Emirates, Hong Kong and India, the Treasury said.
Washington warned that it would continue to accelerate
enforcement of sanctions on Iran's petroleum and petrochemical
sales so long as Tehran continues to accelerate its nuclear
program.
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