June 7, 2019 / 2:57 PM / 9 days ago

New U.S. sanctions target Iran's petrochemical industry

WASHINGTON, June 7 (Reuters) - New U.S. sanctions imposed on Friday target Iran’s petrochemical industry, including the country’s largest petrochemical holding group over its financial support for Tehran’s Islamic Revolutionary Guard Corps, the Treasury Department said in a statement.

“By targeting this network we intend to deny funding to key elements of Iran’s petrochemical sector that provide support to the IRGC,” said Treasury Secretary Steven Mnuchin. (Reporting by Doina Chiacu;)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below