US Steps Up Iranian Sanctions
The U.S. Treasury Department announced fresh sanctions on 21 Iranian parties. The Treasury says the sanctions applied to individuals and entities that benefitted Iran’s Ministry of Defense and Armed Forces Logistics (MODAFL), the Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF), and the Iranian Armed Forces General Staff (AFGS).
Firms implicated in the sanctions:
Sepehr Energy (Iran), Pishro Tejarat Sana Company (Iran), Puyuan Trade Co. (Hong Kong), HK Sihang Haochen Trading Ltd. (Hong Kong), Unique Performance General Trading (Dubai), OPG Global General Trading (Dubai), JEP Petrochemical Trading (Dubai), Future Energy Trading (Dubai), Tetis Global FZE (Sharjah), Royal Shell Goods Wholesalers (Sharjah), A Three Energy FZE (Dubai), Transmart DMCC (UAE), MSE Overseas PTE Ltd. (Singapore), Sealink Overseas PTE Ltd. (Singapore), Solise Energy (UAE)
New U.S. Sanctions on Iran - Dec 4
New U.S. Sanctions on Iran - Dec 4
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group