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MENA Observatory – Iran
On Thursday, the US Treasury imposed sanctions on individuals and entities linked to Iran, announcing that it had imposed US sanctions on companies that helped sell Iranian oil products, some of which are in China and Singapore.
The ministry confirmed during the sanctions decision that it had identified eight entities that participated in the sale and purchase of Iranian petrochemical products, noting that the Iranian regime “exploited Iraqi banks to transfer funds to (Hezbollah).”
Washington also indicated that it “confiscated the weapons sent by the Revolutionary Guards to the Houthis, and also confiscated Iranian weapons in the Arabian Sea that were targeting the Houthis,” according to “Reuters.”
This comes a week after the US Treasury imposed new sanctions on Iran last week, affecting Tehran’s ambassador in Baghdad, Iraj Masjedi, and several Iranian entities that Washington accused of interfering in the elections.
The agency stated that US sanctions have targeted seven petrochemical companies, including companies from South Africa and Hong Kong, accusing them of aiding Tehran in its oil sector.
For his part, US Secretary of State Mike Pompeo said his country had imposed sanctions on five Iranian nuclear energy scientists for what he described as “Tehran’s continuing defiance of the international community with its nuclear activities.”
