US EditionUS targets Iranian LPG magnate with sanctions, Treasury says
- The U.S. Treasury Department sanctioned Iranian LPG magnate Seyed Asadoollah Emamjomeh and his network Tuesday.
- This network sought to export thousands of LPG shipments to evade U.S. sanctions and generate revenue for Iran.
- Emamjomeh's Iran- and UAE-based network operated for over a decade, shipping millions of dollars of LPG and crude oil.
- "LPG continues to be a major source of revenue for the Iranian regime," Treasury stated.
- This action supports the U.S. commitment to holding accountable those funding Iran's destabilizing activities.
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US targets Iranian LPG magnate with sanctions, Treasury says
The United States issued new sanctions on Tuesday targeting Iranian liquefied petroleum gas magnate Seyed Asadoollah Emamjomeh and his corporate network, the Treasury Department said, amid ongoing talks with Tehran on its nuclear program.
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