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Iranian oil minister, fleet operators sanctioned by US

( March 13, 2025, 19:06 GMT | Official Statement) -- MLex Summary: The US Treasury Department's Office of Foreign Assets Control is designating Iran’s Minister of Petroleum, Mohsen Paknejad, who oversees the export of tens of billions of dollars’ worth of Iranian oil and has allocated billions of dollars’ worth of oil to Iran’s armed forces for export. OFAC is also designating several entities in multiple jurisdictions, including China and India, for their ownership or operation of vessels that have delivered Iranian oil to China or lifted Iranian oil from storage in the Chinese city of Dalian.Statements follows below:...

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