U.S. blacklists 4 companies for alleged Iran sanctions violations

The Trump administration on Thursday announced that it was blacklisting four international companies for allegedly facilitating exports by Iran’s state-owned National Iranian Oil Company in violation of U.S. sanctions.

The companies include Hong Kong-based broker Triliance Petrochemical Co., Hong Kong-based Sage Energy HK Ltd., Shanghai-based Peakview Industry Co., and Dubai-based Beneathco DMCC.

The U.S. Treasury Department said it would freeze all assets of the companies that are within U.S. jurisdiction. U.S. companies and individuals also will be prohibited from having dealings with the companies.

The blacklisting marked the latest in a series of steps Washington has taken to exert “maximum pressure” on Iran to accept tougher limits on its nuclear program.

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