 "US expands Iran sanctions, blacklists 13 firms and 8 vessels")
The Trump administration on Thursday issued more Iranrelated sanctions, targeting 13 entities based in Hong Kong, China, the United Arab Emirates and the Marshall Islands, as well as eight vessels, the U.S. Treasury Department said.
The Trump administration on Thursday rolled out a new round of sanctions tied to Iran, targeting 13 companies across Hong Kong, China, the United Arab Emirates, and the Marshall Islands along with eight vessels, the US Treasury Department announced.
The measures singled out Greek national Antonios Margaritis and his network of firms and ships accused of facilitating the transport of Iranian crude in breach of existing sanctions. Among those blacklisted were Hong Kong-based Ares Shipping Limited and Hong Kong Hangshun Shipping Limited, as well as Comford Management in the Marshall Islands.
The Treasury also identified several crude carriers, including the Panama-flagged Adeline G and Kongm, and the Lafit, which sails under the flag of Sao Tome and Principe.
Designated crude oil tankers include Panama-flagged vessels Adeline G and Kongm, and Lafit under the flag of Sao Tome and Principe.
The State Department separately said it imposed sanctions on two China-based operators of oil-related terminals and storage. It said they handled imports of Iranian oil aboard tankers previously targeted by U.S. sanctions.
Iran suspended talks with Washington aimed at curbing the Islamic Republic’s nuclear ambitions after the U.S. and Israel struck its nuclear sites in June. Iran denies any intent to develop atomic bombs.
Iran’s top diplomat said on Wednesday that the moment for ”effective” nuclear talks with the United States has not yet arrived, adding that Iran would not completely cut off cooperation with the U.N. nuclear watchdog.
With inputs from agencies
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