US EditionTreasury Department sanctions more than 20 companies it says gave Iranian oil to China
- The US sanctioned more than 20 companies, vessels, captains, and port operators this week for shipping Iranian oil to China through shadow fleet vessels.
- These sanctions followed Iran-US nuclear talks and target entities including small 'teapot' refineries and port operators at Dongying Port involved in evading sanctions.
- Designated companies such as Hebei Xinhai Chemical Group and port operators handled shipments valued at hundreds of millions of dollars facilitating oil transfers via ship-to-ship operations.
- The Treasury stated the network aided Iranian oil shipments worth billions of dollars and included firms like CCIC Singapore PTE, which concealed the oil's origins before delivery to China.
- These sanctions aim to disrupt Iranian oil funding linked to missile development, nuclear proliferation, and attacks on regional shipping, as the US pledged to hold the regime accountable.
20 Articles
20 Articles
US Sanctions Entities Selling Iranian Oil to China
The United States on May 13 sanctioned a network that sold Iranian oil to China and used the proceeds to fund terrorist activities. The State Department announced the sanctions on May 13, naming Sepehr Energy Jahan Nama Pars as the front company facilitating billions of dollars’ worth of shipments of Iranian crude oil on to China on behalf of the Armed Forces General Staff of Iran. This follows a White House memo instructing agencies related to …
ThePatriotLight - US Sanctions Entities Selling Iranian Oil to China
ThePatriotLight - The United States on May 13 sanctioned a network that sold Iranian oil to China and used the proceeds to fund terrorist activities.The State Department announced the sanctions on May 13, naming Sepehr Energy Jahan Nama Pars as the front company facilitating billions of dollars’ worth of shipments of Iranian crude oil on to China on behalf of the Armed Forces General Staff of Iran.This follows a White House memo instructing agen…
US imposes sanctions on companies it says sent Iranian oil to China
The U.S. Treasury Department on Tuesday imposed sanctions on more than 20 companies in a network that it said has long sent Iranian oil to China, days after negotiators from Iran and the United States concluded a fourth round of nuclear talks.
U.S. Sanctions Network of Companies Moving and Selling Iranian Oil
Continuing its strategy to pressure Iran, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced the latest round of sanctions. The newest targets are a network of nearly two dozen companies, which the U.S. contents are mostly fronts or in support of Iran’s Ministry of Defense and Armed Forces Logistics to provide funds through the transport and sale of oil products to China. U.S. officials outlined an elaborate…
Coverage Details
Bias Distribution
- 60% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
