US hits Hong Kong and UAE firms with new round of Iran-related sanctions

US hits Hong Kong and UAE firms with new round of Iran-related sanctions

Talks between Iran and the US over Tehran’s nuclear ambitions have been stuck over disagreements about uranium enrichment.

U.S. Sanctions Hit Iranian Oil Smuggling Network in Asia

The U.S. Treasury Department has unleashed a sweeping wave of sanctions targeting a sprawling network of companies and individuals accused of facilitating Iranian oil and petrochemical exports in violation of existing sanctions. The action, announced Friday, strikes at the financial and logistical infrastructure underpinning Iran’s shadow energy trade—particularly its crude exports to Asia. At the center of the designations is Nasser Zarrin Ghal…

U.S. Treasury sanctions individuals and companies supporting Iran’s illicit activities - Syriac Press

WASHINGTON, D.C. —  The U.S. Treasury Department announced a new round of sanctions targeting 10 individuals and 27 entities accused of supporting Iran’s illicit activities. The move is part of the ongoing American economic pressure campaign against the Islamic Republic of Iran.  The latest U.S. sanctions focus on individuals, some holding dual citizenship, operating in Tehran, other Iranian cities, the UAE and Hong Kong, as well as businesses i…