U.S. Treasury Sanctions More than 20 Entities for Helping Sell Iranian Oil

Treasury Dept. designates 22 entities linked with selling Iranian oil for IRGC-QF

Refineries purchase Iranian oil, and then transfer payments to these front companies, who in turn, move funds to other front company accounts also controlled by IRGC-QF, OFAC stated.

US sanctions 22 foreign entities for facilitating Iranian crude oil sales

Washington (EFE).- The United States on Wednesday announced sanctions against 22 foreign companies accused of helping Iran sell crude oil in violation of existing international sanctions. The entities allegedly operated as part of a “shadow banking system” that helps Iran evade sanctions and transfer proceeds from oil sales to its elite military force programs. “Today, ...

US announces new sanctions on 'facilitators' of Iran’s oil exports

The US announces sanctions on 22 firms in three countries for their role in facilitating Iran’s oil exports.

U.S. Treasury sanctions more than 20 entities for helping sell Iranian oil

The Trump administration announced Wednesday it has designated more than 20 entities as complicit in the facilitation of selling Iranian oil, which funds a paramilitary force considered a foreign terrorist organization.

U.S. Issues Additional Iran-Related Sanctions, Treasury Website Shows - Energy News, Top Headlines, Commentaries, Features & Events

(Reuters) – The United States imposed sanctions on 22 companies in Hong Kong, the United Arab Emirates and Turkey on Wednesday for their roles in helping sell Iranian oil, the Treasury Department said. The oil sales benefit Iran’s Islamic Revolutionary Guard Corps’ Quds Force, Iran’s most powerful paramilitary organization, it said. The U.S. has designated ...