Commodities and Futures News

US issues sanctions over shipment of Iranian oil to Syria, East Asia

2024.09.25 14:11

WASHINGTON (Reuters) – The U.S. Department of Treasury on Wednesday sanctioned more than a dozen entities and vessels over their involvement in the shipment of Iranian and liquid petroleum gas to Syria and East Asia on behalf of the Iran’s Revolutionary Guards and Hezbollah.

Four ships associated with the fleet of Syrian shipping magnate Abdul Jalil Mallah, who was sanctioned by the U.S. in 2021, and his brother, Luay al-Mallah, were among the vessels included in Wednesday’s action, the Treasury Department said in a statement. Luay al-Mallah was designated under U.S. sanctions on Wednesday.

© Reuters. FILE PHOTO: The United States Department of the Treasury is seen in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew Kelly/File Photo

The brothers have “continued to use their shipping empire to support Iran’s malign activities and those of its proxies,” Treasury said.

“Iran continues to rely heavily on the illicit sale of oil and liquid petroleum gas by the (Revolutionary Guards) and Lebanese Hezbollah to fund its terrorist proxies and destabilizing activities,” Bradley T. Smith, the acting under secretary of the Treasury for Terrorism and Financial Intelligence, said in the statement.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 98,092.28 4.33%
ethereum
Ethereum (ETH) $ 3,492.43 2.57%
tether
Tether (USDT) $ 0.99914 0.04%
xrp
XRP (XRP) $ 2.30 2.38%
bnb
BNB (BNB) $ 702.84 1.75%
solana
Solana (SOL) $ 198.81 4.24%
dogecoin
Dogecoin (DOGE) $ 0.332919 3.74%
usd-coin
USDC (USDC) $ 1.00 0.04%
staked-ether
Lido Staked Ether (STETH) $ 3,487.83 2.65%
cardano
Cardano (ADA) $ 0.923148 2.54%
tron
TRON (TRX) $ 0.257105 2.29%
avalanche-2
Avalanche (AVAX) $ 41.25 7.00%
chainlink
Chainlink (LINK) $ 24.86 3.45%
the-open-network
Toncoin (TON) $ 5.85 4.17%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,144.42 2.71%
shiba-inu
Shiba Inu (SHIB) $ 0.000023 3.66%
sui
Sui (SUI) $ 4.56 1.82%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 97,721.18 4.27%
hedera-hashgraph
Hedera (HBAR) $ 0.309591 3.88%
stellar
Stellar (XLM) $ 0.388905 5.27%
polkadot
Polkadot (DOT) $ 7.44 2.93%
weth
WETH (WETH) $ 3,492.72 2.56%
hyperliquid
Hyperliquid (HYPE) $ 29.57 1.74%
bitcoin-cash
Bitcoin Cash (BCH) $ 464.14 1.78%
leo-token
LEO Token (LEO) $ 9.55 1.44%
uniswap
Uniswap (UNI) $ 14.20 1.92%
litecoin
Litecoin (LTC) $ 108.17 2.27%
pepe
Pepe (PEPE) $ 0.000019 3.70%
bitget-token
Bitget Token (BGB) $ 5.36 17.14%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,688.03 2.58%
near
NEAR Protocol (NEAR) $ 5.53 2.27%
ethena-usde
Ethena USDe (USDE) $ 0.998601 0.08%
aave
Aave (AAVE) $ 380.17 0.01%
internet-computer
Internet Computer (ICP) $ 11.35 6.21%
aptos
Aptos (APT) $ 9.71 2.82%
usds
USDS (USDS) $ 0.999349 0.08%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.519151 3.30%
crypto-com-chain
Cronos (CRO) $ 0.160744 0.26%
vechain
VeChain (VET) $ 0.052042 8.99%
mantle
Mantle (MNT) $ 1.24 4.24%
ethereum-classic
Ethereum Classic (ETC) $ 27.55 1.89%
render-token
Render (RENDER) $ 7.74 0.39%
bittensor
Bittensor (TAO) $ 505.68 2.60%
monero
Monero (XMR) $ 196.49 4.26%
whitebit
WhiteBIT Coin (WBT) $ 24.87 1.91%
mantra-dao
MANTRA (OM) $ 3.75 0.37%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.36 1.16%
dai
Dai (DAI) $ 0.999875 0.07%
arbitrum
Arbitrum (ARB) $ 0.805083 1.17%
filecoin
Filecoin (FIL) $ 5.37 4.29%