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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 US Treasury Department said in a statement it had blacklisted the four entities for facilitating the export of Iranian petrochemical products by Triliance Petrochemical Company, which was hit with sanctions by Washington earlier this year. Also targetted in Wednesday’s move, which comes amid a slew of sanctions announced by Washington, 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 companies for supporting sale of Iranian petrochemicals clevelandjewishnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from clevelandjewishnews.com Daily Mail and Mail on Sunday newspapers.
US imposes bans on firms in China, UAE and Vietnam over dealings involving Iran Wednesday, 16 December 2020 6:40 PM [ Last Update: Wednesday, 16 December 2020 6:40 PM ] In this file photo taken on March 27, 2020, an exterior view of the building of US Department of the Treasury is seen in Washington, DC. (AFP photo) Companies in China, the United Arab Emirates and Vietnam have been slapped with US sanctions over dealings related to Iran’s trade of energy products as Washington continues its economic pressure campaign on Iran in the final days of President Donald Trump in office. A Wednesday statement by the US Treasury Department said that four of the five companies blacklisted by the new sanctions had helped an already banned company based in Hong Kong to purchase and transfer Iranian petrochemical products. ....
UPDATE 3-U.S. blacklists Chinese, UAE-based companies over sale of Iranian petrochemicals Reuters 12/16/2020 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. ....