US Treasury sanctions Iranian oil refinery ...Iraq

The US Department of the Treasury’s Office of Foreign AssetsControl (OFAC) announced in a statement that it is designating a “teapot” oilrefinery and its chief executive officer for purchasing and refining hundredsof millions of dollars worth of Iranian crude oil. OFAC accused the refinery ofsupplying oil to vessels linked to Ansarallah (Houthis) and the IranianMinistry of Defense and Armed Forces Logistics (MODAFL).

In addition, OFAC imposed sanctions on 19 entities andvessels responsible for shipping millions of barrels of Iranian oil. Theseentities are part of Iran’s “shadow fleet” of tankers that supply teapotrefineries like Luqing Petrochemical, the statement added.

The US Department of State designated another entity underUS sanctions for being involved in significant transactions related to thepurchase, sale, or transport of petroleum products from Iran.

Last week, OFAC imposed sanctions on the Iranian oilminister, commercial vessels, and entities.

Read More Details
Finally We wish PressBee provided you with enough information of ( US Treasury sanctions Iranian oil refinery )

Also on site :

• ‘The Last of Us’ Star Bella Ramsey Says Being Diagnosed With Autism Was ‘Freeing’
• 'Harry Wild' Season 4 Premiere Date Announced! Get the Scoop on Jane Seymour's Acorn TV Mystery Series
• The ‘Dangerously Good’ Coffee Trick We Wish We’d Known About Sooner