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US imposes sanctions on Iran and Houthi-related targets

The United States on Thursday enforced sanctions on Iran and Houthirelated entities, according to the Treasury Department website which noted a variety of individuals, companies and vessels that had actually been targeted.

The sanctions target 3 vessels associated with the trade of Iranian petroleum and petrochemicals, which create billions of dollars for Iran's leaders, the Treasury said, supporting its nuclear program, advancement of ballistic rockets and funding of proxies including Hezbollah, Hamas and the Houthis.

The United States is dedicated to targeting Iran's secret profits streams that fund its destabilizing activities, Bradley Smith, acting under secretary for terrorism and monetary intelligence, stated in a release. Smith said Iran relies on a. shadowy network of vessels, business, and facilitators for. those activities.

Iran states its nuclear program is for serene purposes.

The vessels targeted were the Djibouti-flagged petroleum. tanker MS ENOLA, owned by Journey Investment firm, the San. Marino-flagged MS ANGIA, and the Panama-flagged MS MELENIA. The. last 2 tankers are managed and run by Liberia- and. Greece-registered Rose Shipping Limited, Treasury said.

The sanctions obstruct all residential or commercial property and interests in the United. States of the designated parties and U.S. persons and entities. handling them could be exposed to sanctions or enforcement. actions consisting of fines.

(source: Reuters)