AhlulBayt News Agency (ABNA): The administration of US President Donald Trump has imposed a fresh round of sanctions on a number of Iranian individuals and entities affiliated with the Islamic Republic’s oil sector, including Minister of Petroleum Bijan Zangeneh.
The US Treasury Department made the announcement in a statement on Monday, saying the sanctions targeted eight officials and entities as well as the National Iranian Oil Company (NIOC) and the National Iranian Tanker Company (NITC).
The British-based companies of Madanipour, Mobin Holding Limited and Oman Fuel Trading Ltd were also blacklisted.
Treasury Secretary Steven Mnuchin said Washington was slapping sanctions on “key actors” in Iran’s oil sector for what he claimed was supporting the Quds Force of Iran’s Islamic Revolution Guards Corps (IRGC), which has already been blacklisted.
The Treasury also said that four of the individuals were accused of being involved in the recent sale of Iranian gasoline to the government of Venezuelan President Nicolas Maduro.
Under the imposed sanctions, as the statement said, all the property and interests in possession of these persons would be blocked, and US citizens would be prohibited from engaging in transactions with them.
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27 October 2020 - 04:49
News ID: 1081206
The administration of US President Donald Trump has imposed a fresh round of sanctions on a number of Iranian individuals and entities affiliated with the Islamic Republic’s oil sector, including Minister of Petroleum Bijan Zangeneh.
