The Department of Treasury has issued a fresh round of sanctions targeting several individuals and vessels involved in the sale and transportation of Iranian crude to China. “The oil was shipped on behalf of Iran’s Armed Forces General Staff (AFGS) and its sanctioned front company, Sepehr Energy Jahan Nama Pars (Sepehr Energy). This action includes entities and individuals in multiple jurisdictions, including the PRC, India, and the United Arab Emirates (UAE), as well as several vessels,” the Treasury said. The move follows President…
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