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All tagged PACIFIC BRAVO
◢ Bank of Kunlun, a Chinese lender, said it doesn’t own a ship that the U.S. pinpointed last week as carrying Iranian oil. A senior U.S. official said May 28 that the ship, the PACIFIC BRAVO was the property of the bank and was headed toward Hong Kong.
◢ The U.S. State Department sought to quash speculation that the Trump administration is easing its clampdown on Iranian oil exports after a sanctions waiver program ended May 2, saying there has been no softening in the American stance that any country buying Iran’s oil would be subject to penalties.
◢ Hong Kong dismissed U.S. warnings that it could face penalties if it it does business with an oil tanker headed for the city that allegedly violated sanctions on Iran. The city’s government has “strictly” implemented United Nations Security Council sanctions, which don’t impose “any restrictions on the export of petroleum from Iran,” a spokesperson for Hong Kong’s Commerce and Economic Development Bureau said on Wednesday.
◢ The U.S. warned Hong Kong that it could face penalties if it does business with PACIFIC BRAVO, an oil tanker headed for the city that allegedly violated sanctions on Iran. Washington wants to put China and the autonomous city on notice that it will aggressively and consistently enforce its Iran sanctions, a senior U.S. official said on Tuesday, speaking on condition of anonymity.
