US targets Chinese, UAE companies in new Iran sanctions
2 years, 6 months ago

US targets Chinese, UAE companies in new Iran sanctions

Al Jazeera  

US official says absent return to nuclear deal, Washington will use sanctions to limit Iranian petrochemical exports. The United States has imposed sanctions on Chinese and Emirati companies, as well as a network of Iranian petrochemical producers, accusing them of helping to “evade sanctions” by supporting the sale of Iran’s petrochemical products abroad. “Absent a deal, we will continue to use our sanctions authorities to limit exports of petroleum, petroleum products, and petrochemical products from Iran.” Former US President Donald Trump unilaterally withdrew from the JCPOA in 2018 and started a “maximum pressure” campaign of sanctions against the Iranian economy that his successor Joe Biden has continued to enforce. Iranian officials say they want all US sanctions lifted immediately, while the Biden administration is calling for a mutual return to compliance that would see an end to nuclear-related sanctions and a scaling back of Iran’s nuclear programme.

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US sanctions 35 entities & ships for transporting Iranian oil, including 2 Indian firms
2 weeks, 6 days ago

US sanctions 35 entities & ships for transporting Iranian oil, including 2 Indian firms

Firstpost  

Two Indian companies are among 35 entities and vessels sanctioned by the United States for transporting Iranian oil In the latest tranche of sanctions on Iran, the United States has imposed sanctions on 35 entities and ships for transporting Iranian oil. The firms sanctioned for transporting Iranian oil include two Indian firms as well. The Treasury said the two companies …

US imposes new sanctions on Iran’s ‘shadow fleet’ of oil tankers
3 weeks ago

US imposes new sanctions on Iran’s ‘shadow fleet’ of oil tankers

Al Jazeera  

The latest US sanctions are part of an effort to disrupt Iran’s use of oil revenue to finance its nuclear programme. The United States has piled on additional sanctions against Iran targeting 35 entities and vessels that it says are part of a “shadow fleet of vessels” transporting cargoes of Iranian petroleum to foreign markets. The sanctions are similar to …

China opposes US sanctions on firms over alleged ties to Russia’s war efforts
3 months, 4 weeks ago

China opposes US sanctions on firms over alleged ties to Russia’s war efforts

Associated Press  

BEIJING — China on Sunday expressed its opposition to the latest U.S. sanctions on Chinese companies over their alleged ties to Russia’s war in Ukraine, saying it will adopt necessary measures to safeguard the rights and interests of the country’s businesses. “China urges the U.S. to immediately stop its wrong practices and will take necessary measures to resolutely safeguard the …

U.S. sanctions ‘sprawling’ shadow banking network for supporting Iranian military
5 months, 4 weeks ago

U.S. sanctions ‘sprawling’ shadow banking network for supporting Iranian military

Associated Press  

WASHINGTON — The U.S. Treasury Department said Tuesday it is imposing economic sanctions on 50 people and firms across Hong Kong, the United Arab Emirates and the Marshall Islands that have been acting as a “sprawling shadow banking network” for Iran’s military. Included in the sanctions are Seyyed Mohammad Mosanna’i Najibi, an Iranian-Turkish money-changer, 27 cover companies controlled by Najibi …

US sanctions ‘sprawling shadow banking network’ that helps Iran’s military
5 months, 4 weeks ago

US sanctions ‘sprawling shadow banking network’ that helps Iran’s military

Al Jazeera  

Those sanctioned are involved in the sale of Iranian oil and petrochemicals, money that pays for weapons, proxy groups. The United States Department of the Treasury has announced economic sanctions on 50 people and firms across Hong Kong, the United Arab Emirates and the Marshall Islands that it claims have been acting as a “sprawling shadow banking network” for Iran’s …

US widens sanctions on Russia to discourage countries such as China from doing business with Moscow
6 months, 1 week ago

US widens sanctions on Russia to discourage countries such as China from doing business with Moscow

Associated Press  

The United States widened its sanctions against Russia Wednesday as G7 leaders prepared to gather in Italy for a summit where the top priorities will be boosting support for Ukraine and grinding down Russia’s war machine. Wednesday’s package targeted Chinese companies which help Russia pursue its war in Ukraine and raised the stakes for foreign financial institutions which work with …

US widens sanctions on Russia to discourage countries such as China from doing business with Moscow
6 months, 1 week ago

US widens sanctions on Russia to discourage countries such as China from doing business with Moscow

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Wednesday's package targeted Chinese companies …

Countermeasures against US sanctions called for: China Daily editorial
7 months ago

Countermeasures against US sanctions called for: China Daily editorial

China Daily  

Photo taken on Oct 28, 2021 shows the White House in Washington, DC, the United States. That explains why China took measures on Tuesday against 12 US companies involved in the US arms sales to Taiwan and their senior executives. Nor any reason why China should snap to attention at the US' command and cut its normal trade ties with …

China sanctions US defense-related companies and executives over Russia, Taiwan
7 months ago

China sanctions US defense-related companies and executives over Russia, Taiwan

Associated Press  

BEIJING, China — China on Wednesday sanctioned 12 U.S. defense-related companies and 10 executives over arms sales to Taiwan in retaliation for earlier American sanctions on Chinese companies tied to Russia. China’s Ministry of Foreign Affairs said the measures came after the U.S. “indiscriminately imposed illegal unilateral sanctions on a number of Chinese entities on the grounds of so-called Russian-related …

UN expert calls for lifting of restrictions
7 months ago

UN expert calls for lifting of restrictions

China Daily  

Employees check solar panel products at a tech company in Zhangye, Gansu province. WANG JIANG/FOR CHINA DAILY A United Nations expert on Friday called on countries to lift all sanctions and other restrictions against China, saying that unilateral sanctions, being contrary to international law and ultimately resulting in human rights violations, must not be used as a foreign policy tool …

Sanctions act tries to make China a scapegoat for US' own problems in the Middle East: China Daily editorial
8 months ago

Sanctions act tries to make China a scapegoat for US' own problems in the Middle East: China Daily editorial

China Daily  

It was outrageous and against international trade rules for the US House of Representatives to have passed the "Iran-China Energy Sanctions Act" on Monday. The act, if approved by the Senate, will expand sanctions to cover Chinese financial institutions that purchase petroleum products from Iran. Congressman Josh Gottheimer, a member of the House Financial Services Committee, said about the act …

U.S. to impose fresh Iran sanctions after attack on Israel, expects allies to follow: White House
8 months, 1 week ago

U.S. to impose fresh Iran sanctions after attack on Israel, expects allies to follow: White House

The Hindu  

The United States said on April 16 it would soon impose new sanctions on Iran's missile and drone program after its weekend attack on Israel, and that it expects its allies and partners to follow with parallel measures. U.S. National Security Advisor Jake Sullivan's announcement came after Treasury Secretary Janet Yellen indicated punitive measures were in the works, and European …

US-North Korea sanctions target Russia, China and UAE-based firms
8 months, 3 weeks ago

US-North Korea sanctions target Russia, China and UAE-based firms

Hindustan Times  

The United States on Wednesday announced sanctions on six individuals and two entities based in Russia, China and the United Arab Emirates, accusing them of channeling funds to North Korea's weapons programs. The statement said both firms were subordinate to Chinyong Information Technology Cooperation Co, an entity associated with North Korea's armed forces. The announcement came after the United States …

US Launches Fresh Sanctions Targeting Iran Revolutionary Guard
10 months, 3 weeks ago

US Launches Fresh Sanctions Targeting Iran Revolutionary Guard

News 18  

The United States announced new sanctions Friday aimed at the Iranian Revolutionary Guard, as Washington prepares retaliation after a strike killing three Americans in Jordan that was blamed on Iran-backed militias. The US Treasury Department said it was imposing sanctions on six officials in the cyber-electronic command of the Iranian Islamic Revolutionary Guard Corps, over activities targeting critical infrastructure. In …

US sanctions financial network tied to Iranian oil sales
1 year ago

US sanctions financial network tied to Iranian oil sales

Associated Press  

WASHINGTON — The U.S. on Wednesday said it imposed a new round of sanctions on a group of 20 people and firms allegedly involved in a financial facilitation network for the benefit of the Iranian military. The U.S. alleges that Sepehr acts as a front company for the Iranian government’s oil sales, which “fund its destabilizing regional activities and support …

America would struggle to break Iran’s oil-smuggling complex
1 year, 1 month ago

America would struggle to break Iran’s oil-smuggling complex

Hindustan Times  

In February, Dilro, an obscure company based in Dubai, bought the Ocean Kapal, an 18-year-old tanker. Although America retains harsh sanctions that target anyone helping to produce, ship or sell Iran’s petroleum, the superpower’s officials last year eased enforcement. Yet following Hamas’s attack on Israel on October 7th, the Biden administration has come under pressure to shut loopholes, as Iran …

US imposes sanctions on three Chinese companies for supplying items for Pakistan's missile programme
1 year, 2 months ago

US imposes sanctions on three Chinese companies for supplying items for Pakistan's missile programme

India TV News  

The United States on Friday imposed sanctions on three China-based companies for supplying missile-applicable items to Pakistan's ballistic missile programme, as part of efforts to strengthen the global non-proliferation regime. The General Technology Limited, Beijing Luo Luo Technology Development Co Ltd, and Changzhou Utek Composite Company Ltd have been sanctioned for "having engaged, or attempted to engage, in activities or …

US refuses to rule out tougher sanctions on Iran following ‘barbaric’ Hamas attack on Israel
1 year, 2 months ago

US refuses to rule out tougher sanctions on Iran following ‘barbaric’ Hamas attack on Israel

The Telegraph  

Initial US intelligence reports suggest Iranian leaders were surprised by the attacks, Reuters reported citing sources familiar with the reports. Republicans have criticised the Biden administration for not taking a tougher stance against Iran, even linking the prisoner swap deal to financing of the Hamas attack. She told reporters on the sidelines of an International Monetary Fund event in Marrakech: …

Beijing criticizes new US sanctions on companies over pilot training, weapons development
1 year, 6 months ago

Beijing criticizes new US sanctions on companies over pilot training, weapons development

Associated Press  

TAIPEI, Taiwan — China on Tuesday criticized new sanctions imposed by the United States on companies believed to be involved in training Chinese military pilots and aiding weapons development. Foreign Ministry spokesperson Wang Wenbin urged Washington to “stop abusing export control measures” to hobble Chinese companies. “The United States has repeatedly overstretched the concept of national security, abused state power, …

US targets Iranian drone industry in latest round of sanctions
1 year, 9 months ago

US targets Iranian drone industry in latest round of sanctions

Al Jazeera  

Sanctions target firms and individuals accused of buying drone parts on behalf of the Iranian government. The United States has announced its latest round of sanctions against Iranian drone and missile production, this time focusing on firms and individuals who allegedly procured equipment for Tehran’s drone programme. In a statement on Tuesday, the US Department of the Treasury said the …

US applies sanctions over Iran shadow banking, drone network
1 year, 9 months ago

US applies sanctions over Iran shadow banking, drone network

Associated Press  

WASHINGTON — The United States on Thursday announced more sanctions against people and firms associated with Iran and with what it said was an illicit banking network used to conceal transactions. The Treasury Department said the companies — from Hong Kong to the United Arab Emirates — made up a “significant ‘shadow banking’ network” that gave cover to sanctioned Iranian …

US issues more Iran sanctions amid stalled diplomacy
1 year, 9 months ago

US issues more Iran sanctions amid stalled diplomacy

Al Jazeera  

New measures target Iranian oil and petrochemical sales, as US says it is committed to reducing Iran’s energy exports. “The United States is committed to significantly reducing Iranian energy exports and will sanction those facilitating Iran’s petroleum and petrochemical trade,” the State Department said. “We will not hesitate to take action against those who try to circumvent our sanctions.” Iran …

U.S. imposes sanction against Indian petrochemical company for ‘clandestine’ Iran oil purchases
2 years, 2 months ago

U.S. imposes sanction against Indian petrochemical company for ‘clandestine’ Iran oil purchases

The Hindu  

In the first such move against oil shipments to India, the U.S. Treasury department announced it had imposed sanctions against a Mumbai based petrochemical company amongst several entities accused of selling Iranian petroleum products. “Today’s action targets Iranian brokers and several front companies in the UAE, Hong Kong, and India that have facilitated financial transfers and shipping of Iranian petroleum …

US Sanctions Indian Company for Buying Iranian Petrochemicals
2 years, 2 months ago

US Sanctions Indian Company for Buying Iranian Petrochemicals

News 18  

Mumbai-based Indian company Tibalaji Petrochem Pvt Ltd. is among several other firms listed under the sanction by the US Treasury Department for facilitating financial transfers and shipping of Iranian petroleum and petrochemical products. “India-based petrochemical company Tibalaji Petrochem Private Limited has purchased millions of dollars’ worth of Triliance-brokered petrochemical products, including methanol and base oil, for onward shipment to China,” …

US imposes sanctions on Indian company over alleged Iran oil deal
2 years, 2 months ago

US imposes sanctions on Indian company over alleged Iran oil deal

India TV News  

US sanctions Indian company: In what is likely the first action against an Indian company for allegedly dealing in Iranian petroleum products, the US Treasury Department has imposed sanctions on Mumbai-based Tibalaji Petrochem Private Limited. The sanctions came shortly after India's External Affairs Minister S. Jaishankar wrapped up his visit to Washington where he met several top officials, including Secretaries …

US sanctions traders of Iranian oil as nuclear talks stall
2 years, 2 months ago

US sanctions traders of Iranian oil as nuclear talks stall

Associated Press  

WASHINGTON — The U.S. on Thursday imposed sanctions on a group of firms it says have played a critical role in shipping sanctioned Iranian oil. The State Department designated two Chinese companies, and Treasury’s Office of Foreign Assets Control hit a network of companies based in Hong Kong, Iran, India and the United Arab Emirates. U.S. sanctions on Iran have …

With new sanctions, US vows to ‘severely restrict’ Iran oil sales
2 years, 2 months ago

With new sanctions, US vows to ‘severely restrict’ Iran oil sales

Al Jazeera  

The Biden administration explicitly links a fresh round of US sanctions to failure to restore the 2015 Iran nuclear agreement. Washington, DC – The Biden administration has announced a new round of sanctions against Iran, vowing to impose financial penalties on a “regular basis” in an effort to “severely restrict” Iranian oil and petrochemical exports. The administration of US President …

US imposes new sanctions on Iran over Albanian cyberattack
2 years, 3 months ago

US imposes new sanctions on Iran over Albanian cyberattack

Al Jazeera  

US sanctions on Iran’s intelligence ministry come after Albania blamed Iran for the July incident, which Tehran has denied. Washington, DC – The Biden administration has imposed new sanctions on Iran’s Ministry of Intelligence and Security over what it called “malign cyber activities” as the two countries struggle to find a way back into the 2015 nuclear deal. “Iran’s cyber …

Issuing fresh sanctions on Iran, US targets Chinese, UAE firms
2 years, 4 months ago

Issuing fresh sanctions on Iran, US targets Chinese, UAE firms

Al Jazeera  

The United States Treasury Department continues to work to limit Iran’s ability to conduct oil sales to East Asia. The United States on Monday issued fresh sanctions on Iran, this time targeting Chinese and other companies it said were used by one of Iran‘s largest petrochemical brokers to facilitate the sale of tens of millions of dollars’ worth of Iranian …

Treasury sanctions Iranian petrochemical firms tied to Asia
2 years, 5 months ago

Treasury sanctions Iranian petrochemical firms tied to Asia

Associated Press  

WASHINGTON — The Treasury Department said Wednesday that it has sanctioned a group of front companies and individuals tied to the sale and shipment of Iranian petroleum and petrochemical products to East Asia. Treasury’s Office of Foreign Assets Control imposed the sanctions on several companies, including Iran-based Jam Petrochemical Co., which has exported hundreds of millions of dollars worth of …

US imposes new Iran sanctions amid efforts to revive nuclear deal
2 years, 5 months ago

US imposes new Iran sanctions amid efforts to revive nuclear deal

Al Jazeera  

US measures targeting Iranian petroleum and petrochemical sales come ahead of Joe Biden’s visit to the region next week. The new measures, revealed on Wednesday, target “an international network of individuals and entities” that the Department of the Treasury said facilitated the sale of US-sanctioned Iranian petroleum and petrochemical products to East Asia. “While the United States is committed to …

Iran Slams New United States Sanctions as Sign of 'Ill Will'
2 years, 8 months ago

Iran Slams New United States Sanctions as Sign of 'Ill Will'

News 18  

Iran on Thursday criticised a decision by the United States to impose new sanctions on the Islamic republic, saying it shows the Americans have bad intentions towards its people. “This move is another sign of the US government’s ill will towards the Iranian people,” Iran’s foreign ministry spokesman Saeed Khatibzadeh said in a statement. The United States said the new …

US imposes sanctions over Iran’s ballistic missile programme
2 years, 8 months ago

US imposes sanctions over Iran’s ballistic missile programme

Al Jazeera  

Curbs target Iran-based agent and companies that the Biden administration says obtained supplies for Iran’s programme. In a statement on Wednesday, the US Treasury Department said the sanctions target an Iran-based procurement agent, Mohammad Ali Hosseini, and his network of companies that it accused of procuring “ballistic missile propellant-related materials”. Spokesman Saeed Khatibzadeh said the sanctions show the US “continues …

U.S. imposes sanctions against China over abuse of Uighurs
3 years ago

U.S. imposes sanctions against China over abuse of Uighurs

The Hindu  

The Biden administration said on Thursday it is imposing new sanctions on several Chinese biotech and surveillance companies and government entities for actions in Xinjiang province, the latest step against Beijing over human rights abuses of Uighur Muslims. The Commerce Department is targeting China’s Academy of Military Medical Sciences and its 11 research institutes that focus on using biotechnology to …

US Moves to Tighten Iran Sanctions Enforcement as Nuclear Talks Stall
3 years ago

US Moves to Tighten Iran Sanctions Enforcement as Nuclear Talks Stall

News 18  

The Biden administration is moving to tighten enforcement of sanctions against Iran with the despatch of a senior delegation to the United Arab Emirates next week, the U.S. State Department said on Thursday. Then-president Donald Trump in 2018 pulled the United States out of a deal in which Iran agreed with major powers that it would curb its nuclear programme …

US announces new Iran sanctions, targeting Omani ‘broker’
3 years, 4 months ago

US announces new Iran sanctions, targeting Omani ‘broker’

Al Jazeera  

Sanctions come as talks stall between the Biden administration and Iran on restoring the nuclear deal. The United States imposed sanctions on an Omani businessman and companies linked to him over allegations of involvement in an oil-smuggling network that supports Quds Force of Iran’s Islamic Revolutionary Guard Corps. The sanctions targeted Mahmood Rashid Amur Al Habsi, described by the US …

China sanctions former US commerce secretary Wilbur Ross, others
3 years, 5 months ago

China sanctions former US commerce secretary Wilbur Ross, others

Al Jazeera  

The blacklistings come in retaliation for the US recently sanctioning Chinese officials in Hong Kong. China said on Friday that it has imposed counter-sanctions on United States individuals including former US Secretary of Commerce Wilbur Ross in response to recent US sanctions on Chinese officials in Hong Kong. “The US side concocted the so-called Hong Kong business advisory, baselessly smeared …

China sanctions US and Canadian officials over Xinjiang rebuke
3 years, 8 months ago

China sanctions US and Canadian officials over Xinjiang rebuke

Al Jazeera  

Chinese government sanctions target three individuals and one entity from Canada and the United States. China has announced sanctions against two US officials, a Canadian lawmaker and a Canadian parliamentary subcommittee, in response to “coordinated action” taken by the two countries last week over Beijing’s treatment of its Muslim Uighur minority. In a statement on Saturday, China’s foreign ministry said …

China sanctions 28 Trump administration officials
3 years, 11 months ago

China sanctions 28 Trump administration officials

The Hindu  

China on Wednesday announced sanctions on 28 officials connected to the outgoing Donald Trump administration, including Secretary of State Mike Pompeo, just as the new United States President, J oe Biden, was taking his oath of office. The list includes Mr. Trump’s trade adviser Peter K. Navarro, who was a key figure behind many of the China-related trade moves; outgoing …

US slaps more sanctions on Iran in final days of Trump presidency
3 years, 11 months ago

US slaps more sanctions on Iran in final days of Trump presidency

Al Jazeera  

Secretary of State Mike Pompeo says seven companies were targeted for shipping steel to or from Iran. US Secretary of State Mike Pompeo said on Friday that Washington had sanctioned seven companies, including Chinese-based Jiangyin Mascot Special Steel Co and UAE-based Accenture Building Materials, and two people for shipping steel to or from Iran. He said Iran’s Marine Industries Organization, …

UAE a hub for firms helping Venezuela avoid US sanctions: Report
3 years, 11 months ago

UAE a hub for firms helping Venezuela avoid US sanctions: Report

Al Jazeera  

Three UAE-based companies emerged this year as major buyers of Venezuelan crude, a Reuters report says. The activity shows how the UAE, one of Washington’s closest allies in the Middle East, is a hub for companies helping Venezuela skirt US sanctions. The role of the three companies in transporting Venezuelan oil underscores how a raft of little-known entities has filled …

US announces sanctions on Chinese, Russian firms supporting Iran's nuclear deal
4 years ago

US announces sanctions on Chinese, Russian firms supporting Iran's nuclear deal

Firstpost  

US secretary of state Mike Pompeo said that the the four firms, accused of transferring sensitive technology and items to Iran’s missile programme, will be subject to restrictions on US government aid for two years Washington: The United States on Friday announced economic sanctions on Chinese and Russian companies that Washington said had supported the development of Iran’s missile program. …

Alone among nations, US moves to restore UN Iran sanctions
4 years, 3 months ago

Alone among nations, US moves to restore UN Iran sanctions

Associated Press  

WASHINGTON — The United States slapped additional sanctions on Iran on Monday after the Trump administration’s disputed unilateral weekend declaration that all United Nations penalties eased under the 2015 nuclear deal had been restored. “The United States has now restored U.N. sanctions on Iran,” Trump said in a statement issued shortly after he signed an executive order spelling out how …

Iran dismisses US efforts at UN sanctions as currency drops
4 years, 3 months ago

Iran dismisses US efforts at UN sanctions as currency drops

India Today  

Iran dismissed U.S. efforts to restore all U.N. sanctions on the country as mounting economic pressure from Washington pushed the local currency down to its lowest level ever on Sunday. Iran’s currency was at 32,000 rials to the dollar at the time of Tehran’s 2015 nuclear deal with world powers, which was signed by the Obama administration but which the …

US Sanctions Chinese, UAE Firms Accused of Skirting Embargo on Iran Oil Exports
4 years, 3 months ago

US Sanctions Chinese, UAE Firms Accused of Skirting Embargo on Iran Oil Exports

News 18  

The United States on Thursday imposed sanctions against 11 Iranian, Chinese and United Arab Emirates companies accused of helping to bypass the American embargo on Iran’s oil exports. “Iran must stop exploiting its natural resources to fund terror and destruction across the region,” US Secretary of State Mike Pompeo warned in a tweet. The US State Department imposed punitive measures …

US sanctions Chinese national accused of trafficking fentanyl
4 years, 3 months ago

US sanctions Chinese national accused of trafficking fentanyl

Al Jazeera  

US Treasury says Taotao Zhang, a chemist and chemical supplier, had shipped illicit synthetic opioids to the US. The US Treasury Department on Tuesday imposed sanctions on a Chinese national whom it accused of trafficking fentanyl to the United States. Taotao Zhang, a chemist and chemical supplier, had shipped illicit synthetic opioids to the US, Treasury said in a statement. …

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