The U.S. Treasury Department unveiled sanctions designations against “eight entities for their involvement in the sale and purchase of Iranian petrochemical products”; the State Department issued additional designations in parallel. Separately, the Justice Department said it had filed “a complaint to forfeit two shipments of Iranian missiles that the U.S. Navy seized in transit from Iran’s Islamic Revolutionary Guard Corps (IRGC) to militant groups in Yemen, as well as the sale of approximately 1.1 million barrels of Iranian petroleum that the U.S. previously obtained from four foreign-flagged oil tankers bound for Venezuela”. “These actions represent the government’s largest-ever forfeitures actions for fuel and weapons shipments from Iran”, the statement added.
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