US Sanctions Six Companies Involved in Iranian Petroleum Product Exports

[Asia Economy New York=Special Correspondent Joselgina] On the 1st (local time), the U.S. administration under Joe Biden imposed sanctions on six companies involved in the export of Iranian petroleum products. This measure aims to increase pressure on Iran amid prolonged difficulties in the negotiations for the West and Iran to return to the nuclear agreement.

The U.S. Treasury Department announced that it designated four companies involved in the overseas sales of petroleum and petrochemical products of Persian Gulf Petrochemical Industry Commercial, a major Iranian petrochemical conglomerate and an existing sanctions target, as sanction targets. The U.S. State Department also added two companies, including Golden Warriors Shipping, which provided logistics support such as transporting Iranian petroleum products, to the sanctions list. The Panama-flagged liquefied natural gas carrier Glory Harvest, owned by Golden Warriors Shipping, was also included.

U.S. Secretary of State Antony Blinken stated, "We have sanctioned six companies involved in illegal transactions related to petroleum and petrochemical products, which are major sources of revenue for the Iranian government." He confirmed the policy to continue related sanctions to return to the nuclear agreement, saying, "The United States has seriously pursued meaningful diplomacy to achieve mutual return to the full implementation of the Iran nuclear deal (JCPOA - Joint Comprehensive Plan of Action)."

This content was produced with the assistance of AI translation services.