U.S. Sanctions 13 Companies Selling Iranian Petroleum Produc To East Asian Buyer ...Middle East

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U.S. Sanctions 13 Companies Selling Iranian Petroleum Produc To East Asian Buyer
The United States sanctioned 13 companies in multiple jurisdictions that participated in selling Iranian petroleum products to buyers in East Asia, the U.S. Department of the Treasury said in a press release on Thursday. Today’s action is the fifth round of sanctions “targeting Iran’s illicit petroleum and petrochemical trade since June 2022.” The 13 companies facilitated the sale of Iranian crude oil on behalf of sanctioned PGPICC, Trilance, NIOC, and NICO. PGPIC was sanctioned in 2019 for providing financial support to…

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