In lieu of the failed Nuclear deals between the two countries, the United States Treasury Department has on Monday announced a barrage of fresh sanctions which would be slammed against companies and ships for the non-compliance with sanctions which had been imposed on Iran despite recent positive signs about progress in negotiations to salvage the 2015 nuclear deal.
Treasury Under Secretary for Terrorism and Financial Intelligence Brian Nelson had also explained that sanctions have been imposed on four companies linked to the shipment of Iranian oil from Iran to East Asia for tens of millions of dollars.
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“The United States remains on the path of diplomacy to achieve a mutual return to full implementation” of the 2015 agreement, Nelson has noted. “Until then (…) we will continue to enforce sanctions on the illicit sale of Iranian oil and petrochemicals,” he added.
Among the sanctioned companies are Blue Cactus Heavy Equipment and Machinery Spare Parts Trading LLC, a company based in the United Arab Emirates. Farwell Canyon HK Ltd., Shekufei International Trading Co. Ltd., and PZNFR Trading Limited have also been sanctioned.
Later, the United States Secretary of State Antony Blinken had also explained that these were sanctions “on entities that traded Iranian oil and petrochemicals.” “We will continue to use our authority against exports of these products until Iran is ready to return to full implementation of its commitments under a mutual return to the Joint Comprehensive Plan of Action,” the 2015 nuclear deal, he added.
Just this Monday, Iran has staked its bets on an agreement to reinstate the 2015 nuclear deal, from which Tehran has been progressively withdrawing since the United States unilaterally left it in 2018.
In recent hours, the High Representative of the European Union for Foreign Policy and Common Security, Josep Borrell, mediator in the negotiations, has exchanged with the United States and Iran several drafts of an agreement for study.