US blacklists companies for helping facilitate Iran's exports of petroleum

The State Department also imposed sanctions on five companies for engaging in transactions related to Iran’s petroleum and petrochemical industry, as well as on three executive officers of the blacklisted companies.

Today, the United States imposed sanctions on 11 entities for activities related to Iran's petroleum and petrochemical sectors. Three of their executives are also sanctioned. Iran must stop exploiting its natural resources to fund terror and destruction across the region."Iran must stop exploiting its natural resources to fund terror and destruction across the region," Pompeo warned in a tweet.

The move freezes any US assets of those blacklisted and generally bars Americans from dealing with them. Triliance, a Hong Kong-based broker, was hit with sanctions in January over accusations it ordered the transfer of the equivalent of millions of dollars to the National Iranian Oil Co as payment for Iranian petrochemicals, crude oil, and petroleum products.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. stocks start September off with more gains, led by techWall Street kicked off September with another set of milestones Tuesday, as an afternoon rally carried the S&P 500 and Nasdaq composite to all-time highs. ok Are you NEW to FOREX? Minimize your losses with my expert strategy with an investment capital of $300, i can guarantee $3,500 as profits after 5days of investment without sending money to anyone . Inbox me if interested.
Source: latimes - 🏆 11. / 82 Read more »

Stocks gain on brisk U.S. manufacturing survey, stimulus hopesAsian shares inched up on Wednesday following buoyant U.S. manufacturing indicators and a rally in U.S. tech shares, with investors also expecting more policy support from Washington. wow!! best of luck 🐯🐯
Source: Reuters - 🏆 2. / 97 Read more »