U.S. issues fresh Iran-related sanctions, Treasury Dept. says – National

MT HANNACH
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The United States published Thursday Iran-The related sanctions, targeting an individual and several entities, including a Chinese “theater” oil refinery for the purchase and transformation of Iranian crude oil, according to the website of the Treasury Department.

It was the fourth cycle of Washington sanctions against Iranian oil sales since the president Donald Trump said in February that he reposed a “maximum pressure” campaign, including efforts to reduce exports to zero. Trump aims to prevent Tehran from obtaining nuclear weapons and finance militant groups.

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China is the largest Iranian oil importer.

The treasure of refinery intended for sanctions is the Shandong Shouguang Luqing Luqing Petrochemical Co., Ltd.

Tehran claims that its nuclear energy program is for peaceful purposes, while the Western powers claim that its enrichment of uranium at levels that approach the quality of weapons has no logical civil application.

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