|
2025-07-04 Home Front: WoT
|
|
US slaps sanctions on Iran’s oil smuggling network, Hezbollah finance firm
|
[IsraelTimes] US Treasury accuses Iraqi businessman of buying Iranian oil disguised as, or blending it with Iraqi oil; sanctions placed on vessels part of Iran’s ‘shadow fleet’
The United States imposed sanctions on Thursday against a business network that smuggles Iranian oil disguised as Iraqi oil, as well as sanctions targeting a Hezbollah-controlled financial institution, the Treasury Department said.
The network of companies run by Iraqi businessman Salim Ahmed Said has been buying and shipping billions of dollars worth of Iranian oil disguised as, or blended with, Iraqi oil since at least 2020, the department said in a statement.
"Treasury will continue to target Tehran’s revenue sources and intensify economic pressure to disrupt the regime’s access to the financial resources that fuel its destabilizing activities," Treasury Secretary Scott Bessent said.
In February, US President Donald Trump
...New York real estate developer, described by Dems as illiterate, racist, misogynistic, and whatever other unpleasant descriptions they can think of, elected by the rest of us as 45th and 47th President of the United States...
restored a "maximum pressure" campaign on Iran, which includes efforts to drive its oil exports to zero and help prevent Tehran from developing a nuclear weapon. Washington has also targeted Iran’s proxy groups with sanctions.
Trump then spent weeks pursuing a diplomatic path to replace the nuclear deal with Tehran that he tore up during his first term in 2018, but he ultimately decided to join Israel’s military action, which was launched on June 13.
Israel’s unprecedented air campaign targeted Iranian nuclear sites, scientists, and top military brass in a bid to end the country’s nuclear program, which Tehran says is for civilian purposes but Washington and other powers insist is aimed at acquiring atomic weapons.
American B-2 bombers also hit two Iranian nuclear sites with massive GBU-57 bunker-buster bombs last month, while a guided missile submarine struck one of those sites and a third site with Tomahawk cruise missiles.
The US and Iran
 ...a theocratic Shiite state divided among the Medes, the Persians, and the (Arab) Elamites. Formerly a fairly civilized nation ruled by a Shah, it became a victim of Islamic revolution in 1979. The nation is today noted for spontaneously taking over other countries' embassies, maintaining whorehouses run by clergymen, involvement in international drug trafficking, and financing sock puppet militias to extend the regime's influence. The word Iran is a cognate form of Aryan. The abbreviation IRGC is the same idea as Stürmabteilung (or SA). The term Supreme Guide is a the modern version form of either Duce or Führer or maybe both. They hate Jews Zionists Jews. Their economy is based on the production of oil and vitriol...
are expected to hold talks about Tehran’s nuclear program next week in Oslo, Axios reported.
Said’s companies and vessels blend Iranian oil with Iraqi oil, which is then sold to Western buyers via Iraq or the United Arab Emirates as purely Iraqi oil using forged documentation to avoid sanctions, the Treasury said.
Said controls UAE-based company VS Tankers, though he avoids formal association with it, the Treasury said. Formerly known as al-Iraqia Shipping Services & Oil Trading (AISSOT), VS Tankers has smuggled oil for the benefit of the Iranian government and the Islamic Revolutionary Guard Corps, which is designated by Washington as a terrorist organization, it said.
The sanctions block US assets of those designated and prevent Americans from doing business with them.
VS Tankers did not immediately respond to a request for comment. Iran’s mission in New York did not immediately respond to a request for comment.
The US also sanctioned several vessels that are accused of engaging in the covert delivery of Iranian oil, intensifying pressure on Iran’s "shadow fleet," it said.
The Treasury Department also issued sanctions against several bigwigs and one entity associated with the Hezbollah-controlled financial institution al-Qard al-Hassan.
The officials, the department said, conducted millions of dollars in transactions that ultimately benefited, but obscured, Hezbollah.
|
Posted by trailing wife 2025-07-04 2025-07-04 02:09||
E-Mail||
Front Page|| ||Comments
[16 views ]
Top
File under: Govt of Iran
|
|
08:58 Difar Dave
08:49 Albert McCoy9505
08:16 ed in texas
08:09 ed in texas
07:13 NN2N1
07:08 NN2N1
07:04 Super Hose
06:58 Procopius2k
06:56 Super Hose
06:54 NN2N1
06:51 Super Hose
06:46 NN2N1
06:41 Mullah Richard
06:22 Airandee
06:00 NN2N1
05:49 Frank G
05:39 Besoeker
05:26 Besoeker
05:18 Whiskey Mike
05:14 Whiskey Mike
05:11 Whiskey Mike
04:18 Seeking Cure For Ignorance
04:13 Seeking Cure For Ignorance
02:31 NN2N1
Merry-Go-Blog
|
