BAKU, Azerbaijan, April 30. The United States
has announced a new round of sanctions targeting an international
network accused of facilitating Iran’s illicit oil trade, Trend reports.
The move, unveiled by the U.S. Treasury Department’s Office of
Foreign Assets Control (OFAC), is part of Washington’s broader
effort to increase economic pressure on Tehran.
According to U.S. officials, the sanctioned network plays a key
role in financing Iran’s prohibited programs and activities. The
latest measures include restrictions against several foreign
companies registered in the United Arab Emirates, Iran, and
Türkiye, as well as a tanker allegedly operating on behalf of the
Iranian government.
The designated entities used front companies and complex
shipping arrangements to conceal the origin of oil shipments,
helping Iran bypass existing restrictions on its energy
exports.
As a result of their inclusion on the OFAC sanctions list, all
assets belonging to the listed companies and the vessel within U.S.
jurisdiction are frozen. Additionally, American citizens and
companies are now prohibited from conducting any business with the
designated parties.
