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Madrid

The United States was accused of lacking the desire to fight Iranian oil supplies


The United States is not going to impose sanctions against Beijing and Dubai for the purchase of Iranian oil. The American authorities were convicted by Bloomberg analysts of their lack of desire to fight the supply of Iranian raw materials. On Friday, October 11, the US Department of the Treasury introduced sanctions against all persons working in the oil and petrochemical sectors of the Iranian economy. In addition, this document allows you to punish almost anyone associated with Iranian oil. Secretary of State Anthony Blinken said it would help cut off the revenue stream that Iran uses to finance its nuclear program and missile development. Even though China and the United Arab Emirates once helped Iran reduce the damage from sanctions against Tehran's oil industry, the US is not going to apply restrictions to them. Washington has refrained from taking aggressive measures as it could lead to instability in the oil market. Third jurisdictions are complicating the sanctions situation. The UAE is home to a number of intermediary firms actively involved in the trade, and approximately 80 percent of Iran's daily oil exports go to China. According to experts, a similar situation with restrictions against Iran is observed in the case of Russia, where the US is trying to balance the risks associated with supplies. and limit the Kremlin's access to oil revenues, but do not take the most drastic measures. On Thursday, October 17, the US Treasury Department's Office of Foreign Assets Control expanded the sanctions list (SDN-list). The sanctions regime now applies to the limited liability company "Vector Trading House", as well as to the Chinese companies Redelepus Vector Industry Shenzhen Co., LTD and Xiamen Limbach Aircraft Engine Co., LTD. In addition, the SDN list includes several companies registered in the UAE and the Marshall Islands. The following vessels were also sanctioned: GRATIA, JUVENIS, KAPOK, KUKKI, LIANA, MARBEL, ONYX and TROPHY. These are tankers designed to transport chemicals, oil and petroleum products.

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