US Imposes New Sanctions on 25 Iranian Individuals and Companies
The US Treasury Department added 25 individuals and companies to Iran’s sanctions list. Meanwhile, discussions continue regarding the extension of sanctions waivers for several countries on Iranian oil imports.
The US Treasury Department on Tuesday, the sixth of Farvardin (March 26), imposed new sanctions related to Iran.
According to the US Treasury Department website, the department added 25 individuals and companies based in Iran, Turkey, and the United Arab Emirates to its list of sanctions against Iran.
According to Reuters news agency, several banks and financial institutions, such as “Bank Ansar,” “Atlas Exchange,” and “Iranian Atlas Company” are on the new list.
The sanctioned individuals are: Mohammad Reza Al Ali, Alireza Atabaki, Reza Dastkiri, Ayatollah Ebrahimi, Iman Sedaqat, Ali Shams Moulavi, Suleiman Sakan – Turkish citizen, Asadollah Seifi, Mohammad Vakili – UAE resident.
The sanctioned entities are: Bank Ansar Brokerage Company, Ansar Exchange, Ansar Information Technology Company, Atlas Duviz Trade – Turkey, Atlas Exchange, Golden Commodities Company – UAE, Hital Exchange, Iranian Atlas Company, Libra Moon Company – UAE, Naria Company – UAE, Sakan Exchange, Sakan Trading Company – UAE, Best Leader Trading Company – UAE, Zagros Pardis Kish.
Extension of Waivers on Iranian Oil Sanctions?
Meanwhile, as May (Ordibehesht) approaches, discussions on extending waivers for some Iranian oil buyers from US sanctions are intensifying.
South Korean officials announced that they intend to request an extension of the waiver from sanctions on Iranian oil purchases during a trip to Washington this week. The deadline for this waiver was stated to be in Ordibehesht.
According to Reuters report, the South Korean government stated in its statement on the fifth of Farvardin (March 25) that the Deputy Foreign Minister will hold meetings with US State Department officials on Wednesday and Thursday to discuss South Korea’s waiver from Iranian oil sanctions. South Korea was among the countries that received a waiver from Iranian oil sanctions in November on the condition of reducing purchases and within a specified deadline.
China, India, Japan, Taiwan, Turkey, Italy, and Greece were other countries that benefited from the mentioned waiver. They were required to reduce Iranian oil purchases to zero within a six-month period (until Ordibehesht) in exchange for this waiver.
Japan is also seeking an extension of the mentioned waiver, but has announced that if this waiver is not extended, it will end its oil purchases from Iran in April.
Source: DW
