Iran

Turkish owner sentenced for conspiracy to violate US sanctions

The owner of the Istanbul-based Ramor Group was sentenced in Federal District Court in Milwaukee, Wisconsin, to 27 months imprisonment in connection with his conviction for conspiracy to violate US sanctions by exporting specialized marine equipment from the US to Iran between 2013 to 2015.

US sanctions Chinese company for breaching sanctions

The US is taking further action under maximum economic pressure campaign against the Iranian regime by imposing sanctions on a Chinese firm and its chief executive for knowingly purchasing or acquiring oil from Iran, violating US sanctions. The transaction took place after the expiration of China’s Significant Reduction Exception (SRE) on May 2, 2019, and was not covered by that SRE.

China rejects US warning to avoid vessel carrying Iranian oil

China dismissed a warning issued by the US Department of State not to provide services to the tanker ‘Pacific Bravo’ carrying Iranian crude oil, noting that energy deals between the international community and the Middle East nation should be respected.

US warns about oil shipments to Syria

The US Department of the Treasury’s Office of Foreign Assets Control has identified nine targets in an international network through which Iran, working with Russian companies, provide barrels of oil to Syria. According to the US, a Syrian national and his Russia-based company delivered oil from Iran to Syria.

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