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U.S. blacklists companies over Iranian petrochemicals By (0) Treasury Secretary Steven Mnuchin (R) and Secretary of State Mike Pompeo sanctioned several companies on Wednesday over their connections to selling and shipping petrochemicals for Iran. Photo by Mike Theiler/UPI | License Photo Dec. 17 (UPI) The United States has blacklisted several companies in China, Vietnam and the United Arab Emirates, accusing them of dealing in Iranian petrochemicals as the Trump administration continues with its maximum pressure campaign in its final weeks in office. The Treasury announced sanctions against four entities two in China and two in the UAE for facilitating the export of petrochemical products by Triliance Petrochemical Co., which was designated by the Trump administration in January.

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