New US sanctions target Iranian petrochemical, petroleum products trade

New US sanctions target Iranian petrochemical, petroleum products trade

The US has sanctioned seven companies and two tankers involved in the trade of Iranian petrochemicals and petroleum products, the latest of a steady

US Sanctions Companies, Ships Moving Iranian Petrochemical Products

The State Department this week sanctioned multiple entities and ships moving Iranian petroleum products and petrochemical products, including four sellers and one buyer of hundreds of millions of dollars worth of Iranian energy. The designations target...

4 UAE-based companies with India trade links sanctioned by US for trading Iran petroleum products

New York, May 1, 2025 In a crackdown on Iranian exports, the US has sanctioned four United Arab Emirates-based companies that have trade links with Indian companies for allegedly trading in Iranian petroleum products. “So long as Iran attempts to generate oil and petrochemical revenues to fund its destabilising activities and support its terrorist activities and proxies, the United States will take steps to hold both Iran and all its partners en…