Home Business Energy U.S. Sanctions UAE Shipping Firms Transporting Iranian Petroleum
Energy

U.S. Sanctions UAE Shipping Firms Transporting Iranian Petroleum

Share
Share

Response to Iran’s continued nuclear escalations, the United States has imposed sanctions on three United Arab Emirates shipping companies involved in the Iranian petroleum and petrochemical trade.

The Department of State also identified 11 vessels that were transporting petroleum or petrochemical products as blocked property.

The targeted companies are, Sea Route Ship Management FZE, Almanac Ship Management LLC, and Al Anchor Ship Management FZE.

Over the past month, Iran has announced steps to further expand its nuclear programme in ways that have no credible peaceful purpose.

“Iran’s actions to increase its enrichment capacity are more concerned in Iran’s continued failure to cooperate with the IAEA and statements by Iranian officials suggesting potential changes to Iran’s nuclear doctrine,” U.S. Secretary of State Antony Blinken said in a statement.

He said Washington remains committed to never letting Iran obtain a nuclear weapon, and is prepared to use all elements of national power to ensure that outcome.

Earlier this month, the leaders of the G7 had called on Iran to stop its escalation of its nuclear programme.

Share
Related Articles

NNPC Retail Unveils First Smart Self-Service Station in Abuja

Customers in Abuja can now enjoy a more convenient and technology-enabled fuelling...

NNPC Ltd Reports NGN7.91tn Statutory Payments, 100% Pipeline Availability

NNPC Limited Delivers NGN7,913 Billion in Statutory Payments, Sustains 100% Upstream Pipeline...

Atiku shifts ground, says reinstating subsidy’ll depend on situation met

Alhaji Atiku Abubakar, former Vice President and  Presidential Candidate of the African...

Presidency Slams Atiku Over Unclear Fuel Subsidy Proposal

The Presidency on Wednesday criticized former Vice-President Atiku Abubakar over what it...