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U.S. Sanctions Iran's Petroleum Ministry, National Iranian Oil Company, Tanker Subsidiary

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The Trump administration imposed counterterror sanctions on Iran’s Ministry of Petroleum, the National Iranian Oil Company and its tanker subsidiary, in a move analysts say will make it more difficult for the pressure campaign to be reversed in the future

The Treasury Department also blacklisted more than a dozen other major Iranian state energy firms and their subsidiaries, as well as top officials at the ministry and the firms, including the National Petrochemical Company and the National.

 

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