US levies new sanctions on Iran's energy exports
The US Treasury on Tuesday slapped new sanctions on Iran's energy sales even as Washington is engaged in high-stakes talks with Tehran on its nuclear program.
Targeted in the new measure was "Iranian national and liquified petroleum gas (LPG) magnate Seyed Asadoollah Emamjomeh and his corporate network, which is collectively responsible for shipping hundreds of millions of dollars’ worth of Iranian LPG and crude oil to foreign markets," a Treasury statement said.
Also included in the sanctions was Emamjomeh's son Meisam and a bevy of companies the treasury says are owned or controlled by the father.
"Emamjomeh and his network sought to export thousands of shipments of LPG—including from the United States—to evade US sanctions and generate revenue for Iran,” treasury secretary Scott Bessent said in a statement.
“The United States remains committed to holding accountable those who seek to provide the Iranian regime with the funding it needs to further its destabilizing activities in the region and around the world.”
