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2018-05-31 Syria-Lebanon-Iran
US issues fresh Iran sanctions, targets Evin prison, India’s Reliance to halt oil imports
[Ynet] The United States on Wednesday imposed sanctions on six Iranians and three Iran-based entities, including Tehran's Evin prison.

The sanctions, announced by the US Treasury on its website, also targeted the group Ansar-e Hezbollah and the Hanista Programing Group.

Indian oil giant Reliance to halt oil imports from Iran

[Ynet] India's Reliance Industries Ltd, owner of the world's biggest refining complex, plans to halt oil imports from Iran, two sources familiar with the matter said, in a sign that new US sanctions are forcing buyers to shun oil purchases from Tehran.

Reliance's move, expected to take effect in October or November, came after US President Donald Trump
...New York real estate developer, described by Dems as illiterate, racist, misogynistic, and what ever other unpleasant descriptions they can think of, elected by the rest of us as 45th President of the United States...
abandoned a 2015 nuclear agreement this month and ordered the reimposition of US sanctions on Tehran.

Some sanctions take effect after a 90-day "wind-down" period ending on Aug. 6, and the rest, notably on the petroleum sector, after a 180-day "wind-down period" ending on Nov. 4.

India has said it does not follow US sanctions but companies with links to the US financial system could be liable to penalties if they do not comply.

Reliance, an Indian conglomerate controlled by billionaire Mukesh Ambani, has significant exposure to the financial system of the United States, where it operates some subsidiaries that are linked to its oil and telecom businesses among others.
Posted by trailing wife 2018-05-31 00:12|| || Front Page|| [11132 views ]  Top
 File under: Govt of Iran 

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