City
Epaper

US imposes fresh Iran-related sanctions

By IANS | Published: March 20, 2020 2:00 AM

The US has imposed fresh Iran-related sanctions to further pressure Tehran while the Middle Eastern country is suffering from the COVID-19 outbreak.

Open in App

Washington, March 20 The US has imposed fresh Iran-related sanctions to further pressure Tehran while the Middle Eastern country is suffering from the COVID-19 outbreak.

The US Department of Treasury on Thursday designated five United Arab Emirates (UAE)-based companies that facilitate Iran's petroleum and petrochemical sales, according to a statement issued by the department, Xinhua reported.

"In 2019, these UAE-based companies collectively purchased hundreds of thousands of metric tons of petroleum products from NIOC for delivery to the UAE," the statement said.

US Treasury Secretary Steven Mnuchin accused Tehran of using "revenues from petroleum and petrochemical sales to fund its terrorist proxies, like the IRGC-QF, instead of the health and well-being of the Iranian people."

According to the designation, all property and interests in property of these entities have been blocked, and U.S. persons are prohibited from engaging in transactions with them.

Iran's Foreign Minister Mohammad Javad Zarif on Wednesday said that the United States would be responsible for the "destructive ramifications" of its unilateral sanctions against Iran as the country is fighting the COVID-19 outbreak.

Zarif said that the economic siege imposed by the United States on Iran impedes all the legitimate trade and deprives the Iran of their own resources, the ones necessary to address the needs of Iran, including their health and livelihoods.

Zarif said the US "illegal, inhuman and unilateral sanctions against Iran" should be removed as the country is struggling to stem the novel coronavirus.

Iran is among the countries that have been severely hit by the outbreak of novel coronavirus. Iran's Ministry of Health and Medical Education on Thursday announced the death of 1,284 people out of a total of 18,407 coronavirus cases, according to the official IRNA news agency.

( With inputs from IANS )

Tags: United States Department of the TreasuryMohammad Javad ZarifXinhuaSteven MnuchinSteve mnuchin
Open in App

Related Stories

InternationalGreece braces for first summer heat wave

PoliticsSudan govt willing to work with all parties to end conflict

InternationalCyprus prepares for emergencies in face of approaching heat wave

PoliticsUkraine receives cluster munitions from US

PoliticsBRICS education ministers meet in South Africa

राजनीति Realted Stories

NationalPM Modi Lies About Muslims Having More Children, Fertility Rate Declined in the Community, Says Asaduddin Owaisi (Watch Video)

MaharashtraDevendra Fadnavis Refutes Uddhav Thackeray's Claims: 'He Might Be Hallucinating'

MaharashtraSunetra Pawar Files Nomination Papers For Baramati Seat; Here's Why Ajit Pawar Was Not Present

NationalRam Navami Processions in West Bengal Will Proceed with Full Reverence and Devotion, Says PM Modi (Watch)

PoliticsEvery Vote Given To The Congress in the LS election Would Be a Vote for Economic Bankruptcy, Corruption, and Insecurity in the Country”: BS Yediyurappa