US Treasury Targeted Iranian Oil and Petrochemical Trade Network on July 6
The sanctions target an international network that has used a web of Gulf-based front companies for Iran
The sanctions come as Tehran has stalled talks to revive the 2015 nuclear agreement
“...we will continue to use all our authorities to enforce sanctions on the sale of Iranian petroleum and petrochemicals,” the Treasury said
At the same time, the State Department imposed sanctions on five entities based in Iran, Vietnam, and Singapore and two vessels
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