Audio By Carbonatix
The United States on Thursday said it blacklisted two companies based in Hong Kong, one in Shanghai and one in Dubai for helping Iran’s state-owned National Iranian Oil Company (NIOC) export millions of dollars of goods in violation of U.S. sanctions.
The U.S. Treasury Department said it imposed sanctions on the Hong Kong-based Triliance Petrochemical Co. Ltd and Sage Energy HK Limited, China-based Peakview Industry Co Ltd and United Arab Emirates-based Beneathco DMCC.
The sanctions would freeze all assets held by the companies that fall under U.S. jurisdiction, generally, bar U.S. companies and individuals from dealing with them, and potentially subject non-U.S. financial institutions that knowingly facilitate “significant transactions” for them to U.S. sanctions.
In addition, the U.S. government-imposed sanctions on two other companies, Jiaxiang Industry Hong Kong Limited and Shandong Oiwangwa Petrochemical Co Ltd, and two individuals, Ali Bayandrian, who is linked to Triliance Petroleum, and Zhiqing Wang, a Chinese national linked to Shandong Oiwangwa.
The announcements are the latest step in the U.S. “maximum pressure” campaign designed to squeeze the Iranian economy to try to force Iran to accept greater constraints on its nuclear program, regional activities and pursuit of ballistic missiles.
U.S.-Iranian tensions have risen since the U.S. decision to abandon the 2015 Iran nuclear deal, its subsequent re-imposition of U.S. sanctions on the Islamic Republic, attacks on Saudi oil facilities blamed on Iran and the U.S. drone strike that killed Iranian military commander Qassem Soleimani in early January.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Alhassan Suhuyini makes Christmas donations to churches within Tamale North Constituency
1 hour -
Meet 81-year-old father of UCC Acting Vice-Chancellor, who recently graduated with an MBA
2 hours -
Did you know that Ken Ofori-Atta’s lawyer, Enayat Qasimi, is the ‘Ken Ofori-Atta of Afghanistan? – Kay Codjoe writes
2 hours -
Kidnap suspect arrested in Tamale as Police rescue victim after four days
2 hours -
Tema Oil Refinery resumes crude refining after years of shutdown
2 hours -
Kojo Antwi thrills fans with regal entry, marathon performance at ‘Antwified’ concert
3 hours -
Ofori Amponsah surprises KiDi at ‘Likor On The Beach’ 2025
3 hours -
Joy FM thanks sponsors, partners and patrons after spectacular 2025 Family Party-in-the-Park
3 hours -
‘Christmas babies’ and their mothers in Volta and Oti regions receive MTN hampers
3 hours -
One dead, another injured after accident at Atwedie
4 hours -
Maggi Waakye Summit draws thousands as Ghana’s biggest waakye festival returns
4 hours -
Western Regional Minister urges Ghanaians to use Christmas to deepen national cohesion
5 hours -
Thousands turn Aburi Gardens into a festive paradise at Joy FM’s Party in the Park
5 hours -
Source of GOLDBOD’s trading funds questioned amid reported $214m loss
5 hours -
Kind Hearted Beings Charity spreads joy during festive season
6 hours
