US Sanctions Companies It Says Help to Transport Iranian Oil

Lock
This article is for subscribers only.

The US sanctioned four companies associated with the shipping of Iranian oil and petrochemicals from Iran to East Asia, operations that officials said comprised tens of millions of dollars of the country’s product.

“The United States continues to pursue the path of diplomacy to achieve a mutual return to full implementation” of the 2015 accord to curb Iran’s nuclear program, Brian Nelson, the under secretary of the Treasury for Terrorism and Financial Intelligence, said in a statement. “Until such time as Iran is ready to return to full implementation of its commitments, we will continue to enforce sanctions on the illicit sale of Iranian petroleum and petrochemicals.”