ADD ANI AS A TRUSTED SOURCE
googleads
ANI Logo
Menu
US

US sanctions Chinese entities, its officials for importing Iranian oil

New York [USA], Sept 26 (ANI): The United States on Wednesday announced a fresh round of sanctions targetting some Chinese entities and its officials for "knowingly" transporting oil from Iran.

ANI Sep 26, 2019 01:59 IST googleads

US Secretary of State Michael Pompeo at the Iran summit in New York on Wednesday.

New York [USA], Sept 26 (ANI): The United States on Wednesday announced a fresh round of sanctions targetting some Chinese entities and its officials for "knowingly" transporting oil from Iran.
This was said by US Secretary of State Michael Pompeo at the 'United Against Nuclear Iran's 2019 Iran Summit' at the Palace Hotel in New York.
"We are imposing sanctions on certain Chinese entities for knowingly transporting oil from Iran contrary to United States sanctions. Importantly, we are also imposing sanctions on the executive officers of those companies as well. We are telling China and all nations, know that we will sanction every violation of sanctionable activity," Pompeo said.
"...The more Iran lashes out, the greater our pressure will be," he asserted.
The latest round of sanctions comes after the Donald Trump administration levied penalties on the Iranian national bank, further escalating economic pressure on Tehran as a potential strike in retaliation for recent attacks on Saudi Arabian oil fields.
The US and Saudi Arabia have blamed Iran for providing artillery to Yemen's Houthi rebels who had claimed responsibility for the drone attacks on Saudi oil facilities that hit nearly 50 per cent of the kingdom's global crude oil supply, despite repeated denial by Tehran.
Pompeo said that the US will take new actions to disentangle the Islamic Revolutionary Guard Corps (IRGC) from the Iranian economy, adding that Washington will educate countries and companies on the risks of doing business with IRGC entities.
"We will punish them if they persist in defiance of our warnings," he remarked.
"Iran has a long history of unprovoked aggression, 40 years now, against its own people, against its neighbours...More and more nations are beginning to stand up to Iran's thuggish behaviour, and disengaging economically," Pompeo said.
Ties between the US and Iran worsened after Washington exited from the Joint Comprehensive Plan of Action (JCPOA) or the Iran nuclear deal last year and re-imposed tough sanctions on Tehran.
During his address to the UN General Assembly, Trump on Tuesday said that Iran's "provocative behaviour" in the Middle East would invite tightened sanctions by the US and called on the international community to act against the country's "bloodlust". (ANI)

Get the App

What to Read Next

US

Trump describes Michigan synagogue attack as "terrible"

Trump describes Michigan synagogue attack as

Speaking at a Women's History Month event at the White House, the US president said he had been fully briefed on the situation and described the incident as "terrible."

Read More
Asia

PM Modi speaks to Iranian President Pezeshkian

PM Modi speaks to Iranian President Pezeshkian

"Had a conversation with Iranian President, Dr. Masoud Pezeshkian, to discuss the serious situation in the region. Expressed deep concern over the escalation of tensions and the loss of civilian lives as well as damage to civilian infrastructure," PM Modi posted on X.

Read More
Asia

India consistently supported Maldives in crisis: Mohamed Nasheed

India consistently supported Maldives in crisis: Mohamed Nasheed

He highlighted India's role as a "first responder" for the Maldives, emphasising that India's support during critical periods has been fundamental to the stability and security of the island nation.

Read More
US

Ending Iran's nuclear ambitions over oil profits: Trump clarifies

Ending Iran's nuclear ambitions over oil profits: Trump clarifies

In a post by the White House, President Trump, while acknowledging that the United States is currently the world's leading oil producer and stands to benefit financially from higher crude prices, emphasised that his administration's overriding mission remains the permanent dismantling of Iran's nuclear program.

Read More
Asia

India rushes to safeguard 9,000 nationals in Iran

India rushes to safeguard 9,000 nationals in Iran

India on Thursday highlighted a high-level diplomatic push to protect Indian interests, emphasising the twin priorities of citizen safety and the stability of energy supply chains.

Read More
Middle East

"Blocking Strait of Hormuz must continue," says Ayatollah Mojtaba

In his first address to the Iranian people. Ayatollah Mojtaba Khamenei called for the continued blockade of the Strait of Hormuz, a move that will raise tensions.

Read More
Middle East

Mojtaba Khamenei calls on Muslim neighbours to clarify stance

Mojtaba Khamenei calls on Muslim neighbours to clarify stance

"The countries of the region must clarify their stance regarding the aggressors against our dear homeland and the killers of our people. I recommend that they shut down those bases as soon as possible; for they must surely have realized by now that America's claim of establishing security and peace has been nothing but a lie," he said.

Read More
Middle East

'Will not forgo vengeance', vows Mojtaba Khamenei

'Will not forgo vengeance', vows Mojtaba Khamenei

Mojtaba further said that they must resist their enemies- the US and Israel.

Read More
Asia

3 Indian seafarers dead in Gulf maritime incidents: Rajesh Sinha

3 Indian seafarers dead in Gulf maritime incidents: Rajesh Sinha

"There have been maritime incidents involving Indian crew on foreign-flagged vessels. Of these vessels, there were 78 Indian seafarers. Of these, 70 are unhurt and escaped. Four sustained injuries over the last few days, but are stable. Unfortunately, there have been three casualties, and one seafarer is missing," he said.

Read More
Asia

"US will never risk sending its navy to open up Strait of Hormuz”

Sibal argued that the US is unlikely to risk a naval operation to forcibly "reopen" the Strait of Hormuz as the deep-water channel necessary for large vessels lies within Iranian territorial waters. Iran does not need sophisticated long-range missiles to defend this corridor; short-range missiles, torpedoes, and mines can easily sink high-value naval assets.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.