WASHINGTON (dpa-AFX) - The United States has imposed sanctions on an international network of companies involved in the sale of hundreds of millions of dollars' worth of Iranian petrochemicals
By Daphne Psaledakis
WASHINGTON, Dec 16 (Reuters) – The United States on Wednesday imposed sanctions on companies based in China and the United Arab Emirates, accusing them of supporting the sale of Iranian petrochemicals as Washington increases pressure on Tehran in the closing days of President Donald Trump’s term.
The U.S. Treasury Department said in a statement it had blacklisted the four entities for facilitating the export of Iranian petrochemical products by Triliance Petrochemical Co. Ltd, which was hit with sanctions by Washington earlier this year.
Also targeted in the move was Vietnam Gas and Chemicals Transportation Corporation over its connection with significant transactions for the transport of petroleum products from Iran, the Treasury said.
US sanctions Chinese, UAE firms over Iranian petrochemical support freemalaysiatoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freemalaysiatoday.com Daily Mail and Mail on Sunday newspapers.
US blacklists Chinese, UAE companies over sale of Iranian petrochemicals
An Aerial view of Iran s Balal offshore oil platform, in the Gulf on the edge of Qatar s territorial waters, seen on 16 May 2004 [BEHROUZ MEHRI/AFP via Getty Images] December 16, 2020 at 6:25 pm
The United States on Wednesday imposed sanctions on companies based in China and the United Arab Emirates, accusing them of supporting the sale of Iranian petrochemicals as Washington increases pressure on Tehran in the closing days of President Donald Trump s term, reports
Reuters.
The US Treasury Department said in a statement it had blacklisted the four entities for facilitating the export of Iranian petrochemical products by Triliance Petrochemical Co. Ltd, which was hit with sanctions by Washington earlier this year.