Amid continuing diplomatic efforts to revive the 2015 nuclear deal with Tehran, the Biden administration has announced a fresh round of Iran-related sanctions.
The new measure, target “an international network of individuals and entities” that the Department of the Treasury revealed to have facilitated the sale of US-sanctioned Iranian petroleum and petrochemical products to East Asia.
The sanctions came as American and Iranian diplomats held a round of indirect talks in Qatar to try to restore the 2015 nuclear deal, formally known as the Joint Comprehensive Plan of Action (JCPOA).
In a statement, Under-Secretary of the Treasury for Terrorism and Financial Intelligence Brian Nelson said, “While the United States is committed to achieving an agreement with Iran that seeks a mutual return to compliance with the Joint Comprehensive Plan of Action, we will continue to use all our authorities to enforce sanctions on the sale of Iranian petroleum and petrochemicals.”
Through the sanctions, the US accused several individuals and firms based in Iran, the United Arab Emirates, and Hong Kong of helping with the “delivery and sale of hundreds of millions of dollars worth of Iranian petroleum and petrochemical products from Iranian companies to East Asia.”
Iran-related sanctions against entities based in Iran, Vietnam, and Singapore were also imposed by the US Department of State on the same day.