The United States has implemented sanctions against Seyed Asadoollah Emamjomeh, an Iranian national, along with his liquified petroleum gas (LPG) shipping network. This move targets the export of Iranian LPG and crude oil valued at hundreds of millions of dollars to foreign markets. The revenue from these exports has been identified as financing Iran's nuclear and ballistic missile programs, in addition to its support for terrorist proxies.
Iranian companies have been adapting their strategies to circumvent sanctions and continue selling to foreign markets. The U.S. has emphasized its commitment to sanctioning these firms to curb the regime's destabilizing activities.
The Trump Administration has reiterated its pledge to stringently enforce all U.S. sanctions on Iran as part of its "maximum pressure campaign." As long as Iran seeks to generate oil revenue to support its subversive activities, the United States will hold both Iran and its partners accountable for sanctions evasion.
This decision is part of President Trump's maximum pressure campaign and falls under Executive Order (E.O.) 13902, which targets activities in specific sectors of the Iranian economy. On October 11, 2024, the Secretary of the Treasury, after consulting with the Secretary of State, determined that section 1(a)(i) of E.O. 13902 is applicable to the petroleum and petrochemical sectors of Iran. This allows the Treasury to target a broader spectrum of activities related to Iran's trade in these products. Detailed information on this designation is available through the Treasury's press releases.
