US sanctions 10 more entities in campaign to squelch ‘illicit’ sale of Iran’s oil, petrochemicals

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As negotiations to rein in Iran’s nuclear program have stalled, the US has ratcheted up its enforcement of sanctions on Iran’s oil and petrochemical sales, cracking down Sept. 29 on several international brokers and front companies that have facilitated exports to buyers in Asia. “The US is committed to severely restricting Iran’s illicit oil and petrochemical sales,” Treasury Under Secretary…