U.S. Imposes Sanctions on Companies Over Iranian Petrochemicals

ICBPS- The United States has imposed sanctions on several companies over sales of the Islamic Republic of Iran’s petrochemicals.

In a statement, the U.S. Department of State on Thursday declared that it Imposed sanctions on entities for engaging in transactions related to the Islamic Republic of Iran’s Petroleum and Petrochemical Industry.

Washington on Thursday imposed sanctions on several companies, accusing them of enabling the shipment and sale of Iranian petrochemicals, the Treasury Department said in a statement.

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