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US levels new Iran sanctions aimed at oil, petrochemicals exports to China

July 7, 2022 Comments Off

The US government leveled July 6 new sanctions targeting international companies facilitating Iran’s oil and petrochemicals exports to east Asia, in the latest sign of pressure to return to the nuclear deal. The sanctions freeze assets of companies based in Iran, Vietnam, Singapore, the UAE and Hong Kong. The State Department designated 15 individuals and entities tied to “illicit sales…