U.S. tightens screws on Iran's economy
Iranian Supreme Leader Ayatollah Ali Khamenei
May 31st, 2013
03:25 PM ET

U.S. tightens screws on Iran's economy

By Jamie Crawford

The United States imposed new sanctions on Iran on Friday in an effort to further squeeze its crippled economy and pressure Tehran into curbing its nuclear ambitions.

The latest Treasury Department action targets the petrochemical industry, Iran's second-highest source of revenue after oil production, which is also under sanctions.

Treasury targeted eight companies under the authority of an executive order signed by President Barack Obama last year to stem the flow of money that can be diverted to Iran's nuclear program.

Western powers believe Iran is aiming to develop a nuclear weapon. Iran says its intentions are peaceful.

Obama's order put companies and other governments on notice the United States would eventually target Iran's petrochemical sector. Friday's action was the first enforcement of that aspect of the directive.

Treasury also sanctioned companies and individuals from Kyrgyzstan, Ukraine and the United Arab Emirates that lease and sell aircraft to two Iranian airlines the United States says is involved in illicit activities to fund and support Iran's elite Quds Force.

The Quds Force has been implicated by the United States and other governments for its role in plotting or carrying out terrorist operations both in American and around the world.

"Today's actions take aim at revenues from Iran's petrochemical sector, as well as deceptive schemes Iran has employed in an effort to evade sanctions on its oil sales and its airlines," David Cohen, Treasury undersecretary for terrorism and financial intelligence, said in a statement.

Additional sanctions against companies in Cyprus and Ukraine were also announced for their role in helping Iran evade sanctions on its sale of petroleum as part of a clandestine effort to replenish its coffers.

"We will continue to work with our partners around the world to ensure that the sanctions pressure on Iran builds so long as Iran continues to defy its obligation to comply with its international obligations," Cohen said.

Talks between the United States, and the other permanent members of the U.N. Security Council, Germany and Iran that are aimed at getting Tehran to curtail its nuclear ambitions are currently stalemated.

The Treasury also issued an order on Thursday that allows for the export of certain personal communications equipment from the United States to help Iranian citizens circumvent censorship and other efforts by the regime to stifle free speech.

In a conference call with reporters on Friday, a senior Obama administration official highlighted what the United States sees as an "alarming trend" of Iran, and its Lebanese proxy, Hezbollah, to expand destabilizing efforts in Syria and elsewhere.

Post by:
Filed under: Iran • Quds Force • Sanctions • Treasury
soundoff (439 Responses)
  1. RV Repairs Near My Location

    http://faseb.org/pdfviewer?loadthis=https://www.ocrvcenter.com/fleetstar-collision-repair-shop-near-me

    June 15, 2021 at 1:36 am | Reply
  2. RV Repair Near Me Now

    https://citrix.iamgold.com/__media__/js/netsoltrademark.php?d=http://www.ocrvcenter.com/water-truck-collision-repair-shop-near-me/

    June 15, 2021 at 12:41 am | Reply
  3. RV Repair Near Me

    https://redirects.tradedoubler.com/utm/td_redirect.php?td_keep_old_utm_value=1&url=https://ingenieurleistungenreiter.com/index.php?option=com_phocaguestbook&view=phocaguestbook&id=1&Itemid=4&t=140&limitstart=66620

    June 15, 2021 at 12:09 am | Reply
  4. RV Repair Around Me

    Howdy! This article couldnít be written much better! Looking through this post reminds me of my previous roommate! He constantly kept talking about this. I will forward this post to him. Pretty sure he'll have a very good read. Thanks for sharing!

    https://www.ww17.acconsthost.com/__media__/js/netsoltrademark.php?d=http://ocrvcenter.com/heavy-truck-collision-repair-shop-near-me

    June 14, 2021 at 10:42 pm | Reply
  5. RV Repair Shop

    https://barrypopik.com/index.php?URL=http://www.ocrvcenter.com/rv-repair-shop-indio-california/

    June 14, 2021 at 10:13 pm | Reply
  6. RV Repair Near My Location

    http://intranet.canadabusiness.ca/?URL=https://www.ocrvcenter.com/rv-slide-out-repair-near-me/

    June 14, 2021 at 9:44 pm | Reply
  7. citizens bank near me

    http://www.southampton.ac.uk/~drn1e09/foaf/visualizer.php?url=http://www.online-website-marketing.com

    June 14, 2021 at 5:55 pm | Reply
  8. arbys near me

    Having read this I thought it was extremely informative. I appreciate you spending some time and effort to put this information together. I once again find myself spending a significant amount of time both reading and leaving comments. But so what, it was still worthwhile!

    http://kronenberg.org/download.php?download=www.searchinteraction.com/&filename=rpn-calculator_0.9.0.wdgt.zip&project=RPN-Calculator

    June 14, 2021 at 5:35 pm | Reply
  9. tool rental near me

    https://www.baoviet.com.vn/Redirect.aspx?url=ocrvparts.com/

    June 14, 2021 at 1:39 pm | Reply
  10. drive thru near me

    Way cool! Some extremely valid points! I appreciate you writing this article and also the rest of the website is also very good.

    http://ci.pittsburg.ca.us/redirect.aspx?url=https://ocrv.pro

    June 14, 2021 at 12:57 pm | Reply
  11. poke near me

    https://intranet.candidatis.at/cache.php?url=postfallsmarketing.com

    June 14, 2021 at 12:44 pm | Reply
  12. pnc bank near me

    http://www.bcdairy.ca/dairyfarmers/index?URL=http://www.ocrvexperts.com/

    June 14, 2021 at 8:32 am | Reply
  13. appliance parts near me

    http://fkteplice.cz/media_show.asp?type=2&url_back=www.searchinteraction.com

    June 14, 2021 at 7:52 am | Reply
  14. dollar tree near me

    https://blog.tieonline.com/feedtie/feed2js.php?src=www.cateringbusinessplans.com&num=3&au=y&date=y&utf=y&html=y

    June 14, 2021 at 7:38 am | Reply
  15. cupcakes near me

    Good post! We will be linking to this great article on our website. Keep up the good writing.

    http://www.lolinez.com/?mixvocals.com/

    June 14, 2021 at 2:57 am | Reply
  16. marshalls near me

    http://www.infotiger.com/addurl.html?url=prnroofing.com&

    June 14, 2021 at 2:56 am | Reply
  17. subaru dealer near me

    I blog often and I genuinely appreciate your content. This great article has really peaked my interest. I'm going to book mark your site and keep checking for new details about once a week. I subscribed to your RSS feed too.

    https://www.lifestream.tv/players/mocd.php?c=secebenezer&access=1&url=http://sunglasseseyedoctorsoptometristphoenixaz.com

    June 14, 2021 at 12:32 am | Reply
  18. shoprite near me

    I'd like to thank you for the efforts you have put in writing this site. I'm hoping to view the same high-grade content from you in the future as well. In fact, your creative writing abilities has encouraged me to get my own, personal website now 😉

    http://webourgeon.com/__media__/js/netsoltrademark.php?d=http://www.hootnholler.net

    June 14, 2021 at 12:32 am | Reply
  19. ophthalmologist near me

    You made some decent points there. I checked on the net for more information about the issue and found most people will go along with your views on this website.

    https://www.mundijuegos.com/messages/redirect.php?url=http://www.ocrvcenter.co

    June 14, 2021 at 12:03 am | Reply
  20. homes for sale near me

    There is certainly a great deal to find out about this issue. I like all the points you made.

    http://iacconline.cardinalware.net/Redirect.aspx?destination=https://www.ashleysmaldino.com/

    June 13, 2021 at 8:27 pm | Reply
  21. bb&t near me

    http://bambergerpolymers.be/__media__/js/netsoltrademark.php?d=www.postfallsholistichealth.com

    June 13, 2021 at 7:50 pm | Reply
  22. ross near me

    Your style is very unique compared to other folks I have read stuff from. Thanks for posting when you have the opportunity, Guess I'll just book mark this blog.

    http://babyduck.com/__media__/js/netsoltrademark.php?d=www.sprintervanrepairshop.com/

    June 13, 2021 at 7:19 pm | Reply
  23. paintball near me

    Can I simply say what a comfort to discover an individual who genuinely understands what they are discussing over the internet. You definitely understand how to bring an issue to light and make it important. A lot more people really need to check this out and understand this side of the story. I was surprised that you're not more popular since you certainly have the gift.

    http://www.katakura.net/xoops/html/modules/wordpress/wp-ktai.php?view=redir&url=https://masternearme.com

    June 13, 2021 at 5:44 pm | Reply
1 2 3 4 5

Leave a Reply to Digital Marketing Contractor


 

CNN welcomes a lively and courteous discussion as long as you follow the Rules of Conduct set forth in our Terms of Service. Comments are not pre-screened before they post. You agree that anything you post may be used, along with your name and profile picture, in accordance with our Privacy Policy and the license you have granted pursuant to our Terms of Service.