The State Department announced another round of maximum pressure sanctions against 16 entities and vessels for involvement in Iran’s petroleum and petrochemical industry.
The announcement underscored that the sanctions measures “are being taken pursuant to Executive Orders 13902 and 13846, which target Iran’s petroleum and petrochemical sectors, and mark the second round of sanctions targeting Iranian oil sales since President Trump issued National Security Presidential Memorandum 2, ordering a campaign of maximum pressure on Iran.“