Trump administration sanctions Chinese companies for violating Iran's crude oil export ban September 4, 5:31
The US Trump administration has announced that 11 companies, including Iran and Chinese companies, will be subject to sanctions such as asset freezes, allegedly in violation of a ban on the export of crude oil from Iran.
The U.S. Treasury Department and the State Department issued a statement yesterday based in Iran, China, and UAE (United Arab Emirates) for violating US-specific sanctions that ban the export of crude oil and refined products from Iran. It has revealed that 11 companies in total will be subject to new sanctions.
Sanctions will freeze these companies' assets in the United States and ban transactions with US financial institutions.
"Iran's oil industry is a major source of income for Iran's regime and a source of malicious activity across the Middle East," US Secretary of State Pompeio said in a statement. As I said, "I will continue," suggesting the possibility of expanding the scope of sanctions in the future, and strongly restrained Iran.
The Trump administration has begun procedures to restore UN sanctions last month alleging that Iran has violated the nuclear agreement, but the majority of Security Council countries oppose it, and UN sanctions could be imposed again. As the sex is low, it seems that the United States has the aim of increasing the pressure on Iran.