Washington sanctions Chinese and UAE firms ...News

US Treasury is targeting companies that help in the sale of Iranian oil products Chinese and Emirati companies, along with a network of Iranian petrochemical producers, have been hit by secondary US penalties for helping Tehran to “evade sanctions” by supporting the sale of its petrochemical products in international markets. The sanctions were introduced against two companies based in Hong Kong, three in Iran, and four in the United Arab Emirates, according to a statement released by the US Department of the Treasury on Thursday. All interests in property of the firms falling under US jurisdiction have been block

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Last updated : 18 June 2022 clock 09:36 AM

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Washington sanctions Chinese and UAE firms ...News

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