Last Updated: February 28, 2024, 00:01 IST
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The U.S. sanctioned a deputy commander of Iran’s Islamic Revolutionary Guard Corps, a Houthi militant member, corporations registered in Hong Kong and the Marshall Islands, together with two ships, together with one which transported $100 million in Iranian commodities to China.
WASHINGTON: The U.S. sanctioned a deputy commander of Iran’s Islamic Revolutionary Guard Corps, a Houthi militant member, corporations registered in Hong Kong and the Marshall Islands, together with two ships, together with one which transported $100 million in Iranian commodities to China.
Iranian official Mohammad Reza Falahzadeh, and Houthi group member Ibrahim al-Nashiri had been hit with sanctions Tuesday.
Hong Kong-registered Kohana Co. Ltd. and Marshall Islands-registered Iridescent Co. Ltd. — which personal the Panama-flagged Kohana — had been additionally designated for sanctions. The U.S. says the Kohana has shipped over $100 million in Iranian commodities to companies in China on behalf of Iran’s Ministry of Defense.
Additionally, the U.S. sanctioned Hong Kong-based Cap Tees Shipping Co. Ltd., which owns the Artura, accused of transporting Iranian commodities for the community of beforehand sanctioned Houthi and Iranian monetary facilitator Sa’id al-Jamal. Treasury says the Artura obfuscated its id through the use of the title of a unique vessel, Sanan II, to finish a few of its shipments.
“Iran’s Ministry of Defense is at the forefront of Iran’s destabilizing activities, such as aiding Russia’s illegal invasion of Ukraine and supplying militia groups with weapons that kill U.S. forces in Iraq and Syria,” mentioned Treasury undersecretary Brian Nelson in a press release.
The sanctions block entry to U.S. property and financial institution accounts and forestall the focused folks and corporations from doing enterprise with Americans.
Escalation between the U.S., Iran and Houthi militia have elevated after a sequence of maritime assaults within the Mideast linked to the Israel-Hamas conflict, as a number of vessels have discovered themselves within the crosshairs of a single Houthi assault for the primary time within the battle.
The White House final week promised to unveil new sanctions on Iran in retaliation for its arms gross sales which have bolstered Russia’s invasion of Ukraine and threatened a “swift” and “severe” response if Tehran strikes ahead with promoting ballistic missiles to Moscow.
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