Sep 05, 2019 05:40 UTC
  • US imposes sanctions on Iran’s shipping network

The United States has imposed sanctions on an Iranian shipping network – several tankers, companies and insurance firms -- accusing it of supplying millions of barrels of oil to Syria.

According to Press TV, the US Treasury Department announced the illegal sanctions on Wednesday on 16 entities, 10 people, including a former Iranian oil minister, and 11 vessels, as Washington continued its campaign of “maximum pressure” against Tehran and, seeking rise in tensions in West Asia region.

The sanctions also targeted an Indian firm with an interest in the Adrian Darya 1, the Iranian tanker that has been cruising the Mediterranean since its release from detention by authorities in Gibraltar in July.

The Treasury Department's Office of Foreign Assets Control action froze any assets in the United States of the designated entities and prohibited American citizens and companies from doing business with them.

Meanwhile, Brian Hook, the US Special Representative for Iran, said on Wednesday the United States would not provide any sanctions waivers to accommodate a French proposal to extend a $15 billion credit line to Iran.

"We did sanctions today. There will be more sanctions coming. We can't make it any more clear that we are committed to this campaign of maximum pressure and we are not looking to grant any exceptions or waivers," Hook told reporters.

On Tuesday, the United States imposed sanctions on Iran’s space program. Iran’s space program and two of its research institutes have been sanctioned, according to US Secretary of State Mike Pompeo.

“The United States will not allow Iran to use its space launch program as cover to advance its ballistic missile programs. Iran’s August 29 attempt to launch a space launch vehicle underscores the urgency of the threat,” claimed the former CIA chief.

Washington claims that the measure is aimed at preventing Iran from nuclear weapons. Tehran has maintained that its nuclear and space programs are merely peaceful.