US Imposes New Sanctions Targeting Iran's Petrochemical Sector – Treasury Dept.
WASHINGTON, September 3- The United States has designated three individuals and 11 entities in Iran, China and the United Arab Emirates as part of new sanctions targeting Iran’s petrochemical sector, the Treasury Department said in a press release on Thursday. “Today, the US Department of the Treasury’ s Office of Foreign Assets Control designated six entities…
WASHINGTON, September 3 (Sputnik) – The United States has designated three individuals and 11 entities in Iran, China and the United Arab Emirates as part of new sanctions targeting Iran’s petrochemical sector, the Treasury Department said in a press release on Thursday.
“Today, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated six entities for their support to Triliance Petrochemical Co. Ltd. (Triliance), an entity designated by Treasury in January 2020, and related activities,” the release said. “These entities, based in Iran, UAE, and China, support Triliance’s continued involvement in the sale of Iranian petrochemical products, including efforts by Triliance to hide or otherwise obscure its involvement in sales contracts.”
The release added that the State Department has imposed sanctions on three individuals and five entities for engaging in the shipment or sale of Iranian petrochemicals.
ANA NEWS WIRE Disclaimer:
The African News Agency (ANA) is a news wire service and therefore subscribes to the highest standards of journalism as it relates to accuracy, fairness and impartiality.
ANA strives to provide accurate, well sourced and reliable information across Text, Images and Video. Where errors do appear, ANA will seek to correct these timeously and transparently.
The ANA platform also contains news and information from third party sources. ANA has sought to procure reliable content from trusted news sources but cannot be held responsible for the accuracy and opinions provided by such sources on the ANA platform or linked sites.
The content provided for on the ANA News Wire platform, both through the ANA news operation and via its third party sources, are for the sole use of authorised subscribers and partners. Unauthorised access to and usage of ANA content will be subject to legal steps. ANA reserves its rights in this regard.
ANA makes every effort to ensure that the website is up and running smoothly at all times, however ANA does not take responsibility for, and will not be held liable for times when the website is temporarily unavailable due to technical issues that are beyond our control.