Kurt M. Campbell Deputy Secretary of State | Official Website
The United States has announced sanctions on six entities involved in the Iranian petroleum trade, following Iran's recent missile attack on Israel. The Department of State is targeting these entities to curb revenue that supports terrorism and domestic oppression by the Iranian regime. Additionally, six vessels have been identified as blocked property.
Iran's oil exports are facilitated by a network of illicit shipping operators across various jurisdictions. These operators use deceptive practices to transport Iranian oil to buyers in Asia.
The sanctions are imposed under Executive Order 13846, which allows for specific actions against Iran. The designated entities include ENGEN MANAGEMENT NV, STRONG ROOTS PROVIDER NV, GLAZING FUTURE MANAGEMENT NV from Suriname; GABBARO SHIP SERVICES PVT LTD from India; ALYA MARINE SENDIRIAN BERHAD from Malaysia; and CELIA ARMAS LTD from China. Each company is involved in significant transactions related to the transport of Iranian petroleum.
The Secretary of State has also implemented blocking sanctions under section 5(a)(iv) of E.O. 13846 on several vessels: HORNET, BERG 1, VORAS, SHANAYE QUEEN, CAROL, and OCTANS. These vessels are associated with the sanctioned companies.
As a result of these actions, all properties and interests belonging to the designated persons within U.S. jurisdiction are blocked and must be reported to the Office of Foreign Assets Control (OFAC). Transactions involving these properties or interests by U.S. persons or within the United States are prohibited unless authorized by OFAC.
The U.S. government emphasizes that its sanctions aim not just at punishment but at encouraging positive behavioral changes. Entities can petition for removal from the Specially Designated Nationals and Blocked Persons List through OFAC's reconsideration process.
