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Tag Archives: US sanctions on Iran

That’s gotta sting. US sells 1.1m barrels of Iranian oil it took from them

Helicopter hovering over oil tanker

PortandTerminal.com, November 1, 2020 WASHINGTON – The US Justice Department has announced that Washington sold around 1.1 million barrels of Iranian oil from four tankers headed for Venezuela, Anadolu Agency reported on Friday. “Upon being presented with the court’s seizure order, the ships’ owner transferred the petroleum to the government, and we can now announce that the United States has sold and …

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U.S. Issues Fresh Sanctions Targeting Iranian Oil

Steven T. Mnuchin, Secretary, Department of the Treasury

REUTERS, OCTOBER 26, 2020 WASHINGTON, Oct 26 (Reuters) – The United States on Monday imposed fresh Iran-related sanctions targeting the Islamic Republic’s oil sector, including the Iranian Ministry of Petroleum, in Washington’s latest move to increase pressure on Tehran. The U.S. Treasury Department in a statement said it was slapping sanctions on key actors in Iran’s oil sector for supporting …

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