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All tagged Stephen Mnuchin
◢ The Trump administration on Wednesday imposed sanctions against Iranian Foreign Minister Javad Zarif in a provocative move that diminishes the prospects for a diplomatic solution to rising tensions that have brought the U.S. and Tehran to the brink of war. The U.S. said Zarif, viewed as Iran’s most skilled diplomat, acts on behalf of Ayatollah Ali Khamenei, who was previously sanctioned.
◢ The United States has hit Iran's petrochemical group PGPIC with economic sanctions due to its ties with the country's Revolutionary Guards (IRGC), the Treasury Department announced on Friday. The move aims to choke off financing to the country's largest and most profitable petrochemical group and extends to its 39 subsidiaries and "foreign-based sales agents," Treasury said in a statement.
◢ The US Treasury Department on Tuesday slapped sanctions on an Iranian paramilitary group along with a network of businesses that were providing it financing, as part of Washington's campaign of maximum economic pressure against Tehran. In announcing the sanctions, Treasury said a network of more than 20 businesses known as the Bonyad Taavon Basij was financing the Basij Resistance Force.
