Friday, April 25, 2025
US targets Iranian LPG magnate with sanctions, Treasury says- oil and gas 360

US targets Iranian LPG magnate with sanctions, Treasury says

(Investing) – WASHINGTON  -The United States issued new sanctions on Tuesday targeting Iranian liquefied petroleum gas magnate Seyed Asadoollah Emamjomeh and his corporate network, the Treasury Department said, amid ongoing talks with Tehran on its nuclear program. Emamjomeh’s network is responsible for shipping hundreds of millions of dollars’ worth of Iranian LPG and crude oil to foreign markets, Treasury said in a statement.