Speaking of Iran

U.S. Lifts Sanctions on More Than Dozen Former Iranian Officials, Energy Firms

June 9, 2021
Speaking of Iran
1 min read
U.S. Lifts Sanctions on More Than Dozen Former Iranian Officials, Energy Firms

The United States has lifted sanctions on several Iranian ex-officials and firms but has also blacklisted fresh names for supporting the Revolutionary Guards, write Ian Talley and Laurence Norman for the Washington Post.

The Biden administration lifted sanctions on more than a dozen former Iranian officials and energy companies, an action that comes amid stalled nuclear negotiations and that U.S. officials said signals Washington’s commitment to easing a broader pressure campaign if Tehran changes its behavior.

The U.S. Treasury Department on Thursday repealed sanctions against former senior National Iranian Oil Co. officials and several companies involved in shipping and trading petrochemical products.

However, the U.S. also levied new sanctions against a group of men and companies that U.S. officials said are helping fund Iran’s blacklisted military unit, the Islamic Revolutionary Guard Corps, and Houthi rebels in Yemen.

Read the full report on the Washington Post.

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