USA sanctions Iran-backed Iraqi group
Sanctions block assets of Iran-backed Iraqi groupp Kata’ib Al-Imam Ali, prohibit US nationals from dealing with them. The US Treasury announced Thursday that it had added Kata’ib Al-Imam Ali, an Iran-backed group in neighboring Iraq, onto its sanctions list. The department’s Office of Foreign Assets Control’s Specially Designated Nationals and Blocked Persons List was updated […]
US hits Hong Kong and UAE firms with new round of Iran-related sanctions
The United States unveiled another round of sanctions targeting 10 individuals and 27 entities tied to Iran’s financial network, spotlighting the crucial financial role it believes Hong Kong and the United Arab Emirates play to help Tehran avoid Washington’s efforts. Aimed at Iranian nationals and a mainland Chinese national as well as Hong Kong and […]
US sanctions Iranian shadow banking network
The United States on sanctioned over 30 people and entities it said were tied to an Iranian shadow banking network used to launder billions of dollars for sanctioned institutions affiliated with the Islamic Republic. The network —run by Iranian brothers Mansour, Nasser and Fazlolah Zarringhalam— relied on front companies in Hong Kong and the United […]
Panama removes over 650 ships from registry amid sanctions
As Reuters reported Panama’s Maritime Authority has removed from its registry more than 650 vessels since 2019 as part of an effort to fulfill U.S. sanctions and enforce stricter rules for the ships it flags. A total of 214 vessels have been withdrawn from Panama’s registry, among the world’s largest with more than 8,500 ships, […]
White House halts new Iran sanctions amid nuclear talks
The White House has issued a directive to pause all new sanctions activity toward Iran, according to The Wall Street Journal. According to the report, White House press secretary Karoline Leavitt issued the order last week, halting measures that had been part of President Donald Trump’s ongoing “maximum pressure” campaign. The directive was passed to […]
US sanctions Chinese refinery, oil firms over Iran oil shipments
The United States on Thursday sanctioned a China-based independent “teapot” refinery and three oil terminal operators for helping deliver hundreds of millions of dollars’ worth of Iranian oil, according to the State Department. This is the US’ third action against a China-based independent teapot refinery since President Donald Trump revived his “maximum pressure” campaign against […]
U.S. Sanctions Related to Iranian Nuclear-Related Research with Potential Military Applications
The Department of State sanctioned three Iranian nationals and one Iranian entity with ties to Iran’s Organization of Defensive Innovation and Research, which is known by its Persian acronym, SPND – the direct successor organization to Iran’s pre-2004 nuclear weapons program, also referred to as the Amad Project. As in the announcement all individuals sanctioned […]
USA’s new sanctions targeting Iran’s Ballistic Missile Program
The United States is sanctioning six entities and six individuals based in Iran and China for their role in a network procuring ballistic missile propellant ingredients on behalf of Iran’s Islamic Revolutionary Guard Corps. Action, which targets this network that has facilitated the procurement of sodium perchlorate and dioctyl sebacate from China to Iran, is […]
US imposes sanctions on Chinese refinery accused of buying Iranian oil
The sanctioned refinery in China’s Shandong province received dozens of shipments of crude oil from Iran worth more than $1 billion, the Trump administration said. Officials also announced that several companies and vessels involved in the shipments were added to the sanctions list. The new penalties were imposed by the Office of Foreign Assets Control […]
US targets China oil storage terminal in new Iran-related sanctions
The Trump administration imposed sanctions on Iranian oil trading networks including on a China-based crude oil storage terminal linked via a pipeline to an independent refinery, just days before talks between the U.S. and Iran. The U.S. imposed sanctions on Guangsha Zhoushan Energy Group Co Ltd, which operates a crude oil and petroleum products terminal […]