WASHINGTON (AP) — The U.S. has sanctioned a United Arab Emirates-based firm and several Asian companies for facilitating the illicit sale of millions of dollars’ worth of Iranian oil for shipment to East Asia.
The Treasury Department’s Office of Foreign Assets Control on Monday imposed the sanctions on UAE-based Blue Cactus Heavy Equipment and Machinery Spare Parts Trading for providing support to the Iranian petroleum trade.
Hong…
UAE Business Today ™ curates and reports on business news about startups, fledging companies and organizations that are bringing economic growth to the United Arab Emirates (UAE), the Middle East and North Africa (MENA) regions.
UAE Business Today publishes press releases from Arab Newswire™. To submit a press releases on UAE Business Today, contact us.
Browse by Category-
Business / Energy / Finance / Healthcare / Real Estate / Tech / Travel / About Us / PR Services / Submit PR / Contact us
