Iran TerrorismUS Sanctions 5 Companies That Help Iran’s Regime Sell...

US Sanctions 5 Companies That Help Iran’s Regime Sell Petroleum and Petrochemicals

-

Iran's regime terror fund

By Jubin Katiraie

The US Treasury has sanctioned companies that facilitated the sale of petroleum and petrochemicals to the Iranian regime.

This is despite the efforts of the Iranian regime to use the coronavirus outbreak as an excuse to remove the US sanctions. In the past days, all the regime’s official tried their chance, calling on different international communities and allied governments like China to put pressure on the US to remove the sanctions.

As the facts in the past show, this regime is absolutely not concerned about the people and will use the money coming from any removed restrictions for its malign activities. So, the right way is to put more pressure on this regime.

Noting that the US government emphasizes that the path of all humanitarian supports to Iran is fully open. But this is the regime that has rejected them many times. And the people are paying the price of it.

Not to forget that the regime intentionally ignored the coronavirus outbreak in Qom city, first not to lose the chance to show its false legitimation to the world at the price of the people’s life. And second, because quarantining any place and city has its costs and this regime was not interested to pay it, while it must pass up the support of its proxy groups around the world. And that is absolutely impossible for this regime.

The US Treasury website on Thursday, March 5 wrote: “The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today took action against five United Arab Emirates (UAE)-based companies that facilitate the Iranian regime’s petroleum and petrochemical sales.”

“In 2019, these five companies collectively purchased hundreds of thousands of metric tons of petroleum products from the National Iranian Oil Company (NIOC).  Iran’s petroleum and petrochemical industries are major sources of revenue for the Iranian regime, which has used these funds to support the Islamic Revolutionary Guard Corps-Qods Force’s (IRGC-QF) malign activities throughout the Middle East, including the support of terrorist groups.  At least three of these companies have falsified documents to conceal the Iranian origin of these shipments.”

“The Iranian regime uses revenues from petroleum and petrochemical sales to fund its terrorist proxies, like the IRGC-QF, instead of the health and well-being of the Iranian people,” said Secretary Steven T. Mnuchin.  “The Trump Administration will continue to target and isolate those who support the Iranian regime and remains committed to facilitating humanitarian trade and assistance in support of the Iranian people.”

The Treasury Department’s Foreign Assets Control Office sanctioned these companies:

  • Petro Grand FZE
  • Alphabet International DMCC
  • Swissol Trade DMCC
  • Alam Althrwa General Trading LLC
  • Alwaneo LLC Co.

 

Read More:

How Does the Iranian Revolutionary Guards (IRGC) Make Money? – Part 1

 

Latest news

Iranian Regime Sabotage Plot Neutralized in Jordan

According to informed Jordanian sources, security authorities thwarted a suspicious plot led by the Iranian regime to smuggle weapons...

Iran Facing Infant Formula Scarcity Again

Iranian media have reported a new increase in the price of infant formula and announced that this trend has...

Iran: Social Security Organization Cuts Insurance for Hundreds of Thousands of Construction Workers

Abbas Shiri, an inspector from the Construction Workers Union, dismissed the claim of insuring 70,000 construction workers as false...

Parliamentary Election Rejected by 92% of Eligible Voters in Tehran

The second round of the twelfth parliamentary elections of the Iranian regime in Tehran was held with an "8...

Alarming Threat of Land Subsidence in Iran’s Urban Areas and Infrastructure Facilities

Ali Javidaneh, the head of the Iranian regime’s Mapping Organization, has raised concerns about the situation of land subsidence...

Strikes Continue in Gold Markets Across Iran

Despite the efforts of Iranian regime security entities, the Ministry of Industry, Mine and Trade, and the Gold and...

Must read

Iranian government opponents see executions as warning

Washington Post: Iranian authorities are taking increasingly harsh measures...

Bombing at Khomeini shrine

Iran Focus: Tehran, Iran, June 20 - A bomb...

You might also likeRELATED
Recommended to you