US unveils new sanctions targeting Iran’s oil sales
The Biden administration on Thursday blacklisted entities in China, Hong Kong, Iran, India and the United Arab Emirates over their alleged involvement in Iran’s petrochemical trade.
The United States announced fresh sanctions Thursday on an international network of companies it says are involved in the sale of Iranian petroleum and petrochemical products.
The Treasury Department’s Office of Foreign Assets Control designated a group of brokers and front companies based in Hong Kong, Iran, India and the United Arab Emirates over their alleged involvement in Iran’s petrochemical trade.
