US sanctions involved in Iranian oil trade companies, US media: helping allies compete for East Asian markets

Author:Global Times Time:2022.07.07

According to the US "Congress" reported on the 6th, the US Treasury announced sanctions on many companies that have been identified by the United States for helping and selling Iranian oil and petrochemical products. According to US media reports, the move is the East Asian market that the United States is "snatched" by Eastern allies for the East allies to compete for Iran and Russia.

It is reported that these new sanctions announced before Biden's visit to Saudi Arabia this month that it may be interpreted as the Bayeng government to show the United States' allies in the Middle East. Biden had previously demanded that the Organization of the Organization of the Petroleum Exporting Countries (OPEC) increased oil output to lower the energy price.

The U.S. Treasury said that the sanctions were targeted at a trade network composed of companies such as Iran, the UAE and other countries. The department claims that one of the companies "have exported hundreds of thousands of tons of petrochemical products to companies throughout East Asia."

Picture source: "Congress Mountain News" report screenshot screenshot

Brian E. Nelson, Deputy Minister of Finance, issued a statement on the same day: "Although the United States is committed to reaching an agreement with Iran and seeking to restore the" Joint Comprehensive Action Plan "(that is, the Iranian nuclear agreement), we will continue to use us All the authorizations obtained will impose sanctions on the sales of Iranian oil and petrochemical products. "The statement added that the department could not only add personnel to the sanctions list, but also deleted personnel from the list. It brings positive changes. "

According to the regulations of the US Finance, assets of sanctions in the United States will be frozen, and American citizens and entities shall not be traded with them.

In July 2015, Iran reached a comprehensive agreement with the Iranian nuclear issue with the United States, Britain, France, Russia, China and Germany. According to the agreement, Iran promised to restrict its nuclear plan, and the international community lifted sanctions against Iraq. In May 2018, the Trump administration unilaterally withdrew from the Iran nuclear agreement, and then restarted and added a series of sanctions on Iran. Since Biden has appointed President of the United States, the United States has expressed his willingness to return to the Iran nuclear agreement. Relevant party talks of the Iranian nuclear agreement have been held in multiple rounds of talks since April 2021, but due to the serious differences in the United States and Iraq, there have been no compromises.

(Edit: HX)

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