Global Trade Alert
Global Trade Alert

United States of America: Department of State announces sanctions on entities allegedly engaged in Iranian petroleum trade

Announcement

11 Oct 2024

In October 2024, the U.S. Department of Trade introduced sanctions on entities from multiple jurisdictions allegedly engaged in Iranian petroleum trade.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

11 Oct 2024

Revocation date:

No revocation date

Updated: 11 Oct 2024
Controls on commercial transactions and investment instruments In force

On 11 October 2024, the U.S. Department of State imposed sanctions on six ship management companies allegedly engaged in the Iranian petroleum trade. As a result of this decision, these entities ha...

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