America against Tehran’s petroleum and petrochemical sector on Friday in response to an Iranian missile attack on Israel Restrictions I have announced the extension.
US President Joe Biden’s administration has one Executive order I have included petroleum and petrochemicals, which Iran Important sectors of the economy have been targeted.
According to the British news agency Reuters, the move is aimed at limiting government funding to support Iran’s nuclear and missile programs.
US National Security Adviser Jack Sullivan said in a statement: ‘Today’s new sanctions also include actions against the ‘Ghost Fleet’, which illegally transports Iranian oil to buyers around the world.
“These measures will further help curb Iran’s financial resources, which are used to support its missile programs and provide support to terrorist groups, which pose a threat to the United States, its allies and partners.” .’
Iran launched missile attacks on Israel on October 1 in retaliation for Israeli attacks in Lebanon and Gaza and the killing of a Hamas leader in Iran, after which Israel has indicated retaliation.
A statement said the US Treasury Department could now “impose sanctions on anyone committed to working in the petroleum and petrochemical sectors of the Iranian economy.”
US President Joe Biden has said that Israel should find an alternative to attacking Iran’s oil fields.
Three Gulf sources told Reuters that Gulf states are lobbying Washington to prevent Israel from attacking oil facilities because they fear Tehran’s proxies could target their own facilities if the conflict escalates. is
The U.S. Treasury Department also said it was designating 16 entities and 17 vessels as blocked property, citing involvement in the shipment of petroleum and petrochemical products in support of the National Iranian Oil Company. is
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In addition, the US State Department has also taken steps to prevent the flow of funds in support of Iran’s weapons programs and ‘terrorist proxies and partners’.
It imposed sanctions on six entities involved in Tehran’s petroleum trade and identified six vessels as blocked property.
Iran’s oil exports have increased under Joe Biden as Iran managed to evade sanctions and China became a major buyer of Iranian oil.
Eurasia Group Risk Consultancy said the U.S. could reduce Iran’s oil exports by tougher enforcement of already imposed sanctions, such as tighter monitoring of tankers that disable transponders. Through satellite imaging.
The statement also said the US could pressure countries such as Malaysia, Singapore and the United Arab Emirates to support enforcement efforts.
It added that tougher enforcement of sanctions would likely also require targeting Chinese companies that ship Iranian crude, as China buys about 90 percent of Iran’s crude exports.
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