US sanctions firms in China and UAE over Iran petrochemical sales

//US sanctions firms in China and UAE over Iran petrochemical sales

US sanctions firms in China and UAE over Iran petrochemical sales

The United States on Wednesday imposed sanctions on companies based in China and the United Arab Emirates, accusing them of supporting the sale of Iranian petrochemicals as Washington increases pressure on Tehran in the closing days of President Donald Trump’s term.The US Treasury Department said in a statement it had blacklisted the four entities for facilitating the export of Iranian petrochemical products by Triliance Petrochemical Co., which was hit with sanctions by Washington earlier this…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2020-12-16T17:10:23+00:00 December 16th, 2020|Headlines|Comments Off on US sanctions firms in China and UAE over Iran petrochemical sales