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USA sanction companies involved in selling oil in Iran

by Marcelo Moreira

The United States sanctioned on Thursday (3) six companies, one of which headquartered in Panama, for involvement in the sale and transportation of oil, oil and petrochemical products of Iran.

The US State Department stated in a statement that the measure was taken because “the Iranian regime continues to feed conflict and instability in the Middle East, interrupting commercial flows and financing terrorist and allied groups.”

The goal, according to the statement, is to curb the flow of revenues that the country uses “to support this destabilizing activity, as well as to oppress its own people.”

Sanctioned companies are Kaveh Petrochemical; Asco International; Asian Sea Angel Shipping; Saburi Consulting Services, headquartered in India; Breeze Marine Asset Management, based in the United Arab Emirates; and Isle Innovation, based in Panama.

As a result of the sanctions issued, all the properties and interests of people and sanctioned entities in the US will be blocked.

State Department spokeswoman Tammy Bruce added in another statement that the Treasury Department is also veiling several ghost ships participating in the secret Iranian oil delivery.

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