U.S. Hits Iran with New Sanctions Over Nuclear Escalations
The United States on Thursday issued fresh sanctions against Iran, as a response to its continued nuclear escalations, according to U.S. Secretary of State Antony Blinken. These measures target three UAE-based companies and 11 associated vessels involved in transporting Iranian petroleum or petrochemical products.
The United States on Thursday issued fresh sanctions targeting Iran in response to "continued nuclear escalations," U.S. Secretary of State Antony Blinken said in a statement.
"Over the past month, Iran has announced steps to further expand its nuclear program in ways that have no credible peaceful purpose," Blinken said. "We remain committed to never letting Iran obtain a nuclear weapon, and we are prepared to use all elements of national power to ensure that outcome."
Thursday's action imposes sanctions on three companies based in the United Arab Emirates the U.S. accused of being involved in the transport of Iranian petroleum or petrochemical products, as well as 11 associated vessels. Earlier this month, the Group of Seven rich nations warned Iran against advancing its nuclear enrichment program and said they would be ready to enforce new measures if Tehran were to transfer ballistic missiles to Russia.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- sanctions
- Iran
- U.S.
- nuclear
- escalations
- petroleum
- petrochemical
- Antony Blinken
- UAE
- ballistic missiles
ALSO READ
OPEC+ Strategies Propel Petroleum Market Shifts
OPEC+ Decisions Stir Investor Actions in Petroleum Market
IIPE Opens Admissions for B.Tech Programs: Empowering Future Petroleum Engineers
UAE: Department of Energy launches summer awareness campaign on safe use, trading of gas, petroleum products
Biden Admin Redirects Patriot Missiles to Ukraine Amid Rising Escalations