U.S. Sanctions 13 More Firms Over Iran Trade
WASHINGTON (Dispatches) -- The U.S. Department of Treasury has added the names of 13 companies to its Iran sanctions list, accusing them of commercial liaison with the Islamic Republic’s energy sector.
The companies in question, the department’s Office of Foreign Assets Control (OFAC) announced in a statement on its website, were slapped with the coercive measures for “facilitating the sale of hundreds of millions of dollars’ worth of Iranian petrochemicals and petroleum products to buyers in East Asia.”