The Treasury Department is getting tougher on Iran
US slaps sanctions on several firms over sales of Iranian petrochemicals
Treasury Department imposes sanctions on six companies based in Iran, UAE, China that it says support Triliance Petrochemical Co. Ltd., which is blacklisted by Washington.
Thursday 03/09/2020
The Treasury Department is getting tougher on Iran
WASHINGTON - The United States on Thursday imposed sanctions on several companies, accusing them of enabling the shipment and sale of Iranian petrochemicals, the Treasury Department said in a statement.
The Treasury said it slapped sanctions on six companies based in Iran, the United Arab Emirates and China that it said support Triliance Petrochemical Co. Ltd., which is blacklisted by the United States.
The State Department in a statement said it also imposed sanctions on five entities for engaging in transactions related to Iran’s petroleum and petrochemical industry, as well as on three individuals.