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SA company among those blacklisted by US over Iran oil trade

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US secretary of state Mike Pompeo had said on Tuesday the agency was targeting such entities but did not name them.

The United States on Wednesday named seven companies that it has blacklisted for trade in Iranian petrochemicals, one in South Africa, three based in mainland China and three in Hong Kong, the state department said in a statement.

The campaign, instituted after President Donald Trump in 2018 unilaterally withdrew from the 2015 nuclear deal Iran struck with six major world powers, aims to force Iran to limit its nuclear, missile and regional activities.

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