US sanctions six companies for selling or transporting Iranian oil

FILE PHOTO. The Liberian-flagged tanker Ice Energy transfers crude oil from the Iranian-flagged tanker Lana (formerly Pegas), off the coast of Karystos, on the island of Evia, Greece. May 26, 2022. REUTERS/Costas Baltas (COSTAS BALTAS/)

The United States sanctioned this Thursday six companies from Vietnam, China, Iran and the United Arab Emirates for be involved in the transportation or sale of Iranian petroleum products.

The State Department reported in a statement the sanctions, which also included 20 vessels.

“The United States is committed to significantly reducing Iranian energy exports and will sanction those who facilitate Iran’s trade in oil and petrochemicals,” Secretary of State Antony Blinken said in the statement.

Specifically, the sanctions are against the company based in Vietnam Golden Lotus Oil Gas and Real Estate Joint Stock Companyfor “knowingly” participating in “a major transaction for the transportation of petroleum products from Iran.”

Also against the Chinese Global Marine Ship Mgmt and Shanghai Xuan Run Shpg and the emirate Swedish Management Co. for “knowingly participating in a major transaction for the transportation of petrochemical products from Iran.”

And finally, to the Iranian companies Shiraz Petrochemical and Bushehr Petrochemical “for knowingly participating in a major transaction for the sale of petrochemical products from Iran.”

05-24-2020 File image of an Iranian oil tanker POLITICA ASIA SOUTH AMERICA IRAN VENEZUELA AVN
05-24-2020 File image of an Iranian oil tanker POLITICA ASIA SOUTH AMERICA IRAN VENEZUELA AVN (AVN /)

The Department also designated 20 vessels as blocked property of these sanctioned entities.

As a result of this Thursday’s action, all properties and interests resulting from those sanctioned that are in the United States, or in the possession or control of American persons, will be blocked.

“These designations underscore our continued efforts to enforce our sanctions against Iran. We will not hesitate to take action against those who try to circumvent our sanctions,” Blinken added.

On February 4, the Treasury Department of USA imposed Sanctions Target Eight Senior Officials of an Iranian Drone Maker in the framework of a new round of measures against Tehran for its alleged support for Russia and supply of unmanned aerial vehicles.

The company to which the sanctioned belong, Paravar Pars Companywas already subject to sanctions from both the United States and the European Union for manufacturing drones for the aerospace department of Iran’s Revolutionary Guard, according to a Treasury Department statement.

Likewise, the Treasury also targeted two vessels. One of them, the Iris Makran an oil tanker that has been used for “naval operations” and that has the capacity to launch unmanned aerial vehicles.

The sanctions this Friday also include the frigate iris denawho accompanies the latter on the “international trip” he is currently making.

“Iran is supplying unmanned aerial vehicles for Russia’s combat operations to attack critical infrastructure in Ukraine,” denounced the Under Secretary of the Treasury for Terrorism and Financial Intelligence, brian nelson.

With information from EFE

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