U.S. urges to abide by sanctions against Iran
U.S. Special Representative for Iran Brian Hook said that those doing business with blacklisted Iranian entities are now exposed to U.S. sanctions.
The United States yesterday blacklisted an "oil for terror" network of firms, ships and individuals allegedly directed by Iran’s Islamic Revolutionary Guard Corps (IRGC) for supplying Syria with oil worth hundreds of millions of dollars in breach of U.S. sanctions.
U.S. officials said the Quds Force used the network to hide its involvement in oil sales to Syrian President Bashar Assad’s government and other unnamed "illicit actors" and relied heavily on Hezbollah officials and front companies to broker the contracts, Reuters reported.
"Vessels tied to the shipping network have tried to pass Iranian oil off as Iraqi oil," said Hook, saying the Quds Force used false documents to hide the origins of the cargoes and had the ships turn off transponders to conceal their locations.