Washington: America has given the biggest blow to the enemy country Iran with one of its decisions. Joe Biden’s administration on Tuesday imposed sanctions on 35 companies and ships transporting Iranian oil to other countries. However, two Indian companies are also involved in this. The two Indian companies that have been banned include Vision Ship Management LLP, which owns and operates the Phoenix, and Tightship Shipping Management (OPC) Pvt.
Apart from India, the ban imposed by the US includes companies and ships from other countries including UAE, China, Liberia, Hong Kong, which have also been banned. In a statement, the Treasury Department said the action followed Iran’s Oct. 1 attack on Israel was another blow to Tehran. Iran has announced that it will intensify its nuclear program after sanctions were imposed on October 11.
America said that Iran is spending oil money on terrorists
“Iran is spending revenues from its petroleum trade on its nuclear program, ballistic missile and drone proliferation, and on terrorists, further destabilizing the region,” Bradley T. Smith, Acting Under Secretary of State for Terrorism and Financial Intelligence, said. That threatens to happen.” He said the US is committed to using all its resources and authority to stop vessels supporting these illegal activities. (language)
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