Treasury targets UAE, Hong Kong entities tied to Iran sales Apparent attempt to raise pressure after latest nuclear talks Chances of JCPOA deal remain slim as US midterms loom The US government leveled July 6 new sanctions targeting international companies facilitating Iran’s oil and petrochemicals exports to east Asia, in the latest sign of pressure to return to the nuclear deal. The sanctions freeze assets of companies based in Iran, Vietnam, Singapore, the UAE and Hong Kong. The State Department designated 15 individuals and entities tied to “illicit sales and shipment” of Iranian oil, petroleum products and petrochemicals that have generated millions of dollars’ worth of revenue. The list included Vietnam-based Truong Phat Loc Shipping Trading, Singapore-based Everwin Ship Management, and Iran-based Zagros Tarabaran-E Arya, Persian Gulf Star Oil Co. and East Ocean Rashin […]