Search Results for keywords:"Iran"

The Secretary of State has imposed sanctions on one company, Vietnam Gas and Chemicals Transportation Corporation, and one individual, Vo Ngoc Phung, due to their involvement in significant transactions related to petroleum products from Iran. These sanctions include blocking property and financial transactions under U.S. jurisdiction, prohibiting investments, and restricting imports from these entities. Additionally, visa denials and exclusions from the U.S. are mandated for certain officers and shareholders of the sanctioned entities. The decision was effective as of December 16, 2020.

The Department of State announced that certain individuals and entities have been added to the Department of Treasury's Specially Designated Nationals and Blocked Persons (SDN) List due to their connection with Iran. This action blocks their property and interests within U.S. jurisdiction and prevents U.S. citizens from engaging in transactions with them. Notably, a Chinese company, Huaying Huizhou Daya Bay Petrochemical Terminal Storage Co., Ltd, is being sanctioned for engaging in significant transactions related to Iranian petroleum.

The President has decided to continue the national emergency with respect to Iran for another year, after initially being declared on March 15, 1995. This decision is based on ongoing threats from Iran, including its development of missiles and support for terrorism, which continue to endanger U.S. national security and foreign policy. The emergency, first declared under Executive Order 12957, is separate from another emergency regarding Iran that started in 1979. This notice will be published in the Federal Register and sent to Congress.

The U.S.-China Economic and Security Review Commission will conduct a public hearing on February 20, 2025, in Washington, DC, focusing on China’s relationships with Russia, Iran, and North Korea. The hearing aims to analyze China’s strategic partnerships with these countries, including economic ties, trade, sanctions evasion, and cooperation in security and technology. Public participation is encouraged, with options to attend in person or watch via a live webcast. Queries and accommodation requests can be directed to Jameson Cunningham at the commission.

The Secretary of State has imposed sanctions on six entities and eight individuals for their involvement in significant transactions related to petroleum products from Iran. These sanctions aim to block their property, restrict financial dealings, and limit their ability to interact with U.S. financial systems. Additionally, the U.S. will deny visas or entry to those identified as corporate officers or principal owners of these sanctioned entities. This action is part of the U.S. government's efforts to enforce its foreign policy under Executive Order 13846.

The Bureau of Industry and Security (BIS) has issued a final rule adding 70 entities to the Entity List. These entities are located in China, Iran, Pakistan, South Africa, and the UAE and have been identified as acting against the national security or foreign policy interests of the United States. The entities listed will require a license for all items subject to the Export Administration Regulations (EAR), and such applications will be presumed denied. Additionally, four existing entries are being modified on the Entity List, affecting entries under France, Iran, Senegal, and the United Kingdom.

The Office of Foreign Assets Control (OFAC), part of the U.S. Department of the Treasury, has announced that it has added certain individuals and ships to its Specially Designated Nationals and Blocked Persons List (SDN List). These additions are due to violations of legal criteria under OFAC’s jurisdiction. All U.S. properties and interests belonging to these individuals and vessels are now blocked, and U.S. citizens are generally not allowed to engage in any transactions with them. Several ships, primarily crude oil and chemical tankers tied to organizations linked with Iran, are identified as properties subject to these sanctions.