US sanctions Iran for alleged oil shipping to Syria

IRNA – The US Department of Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned 9 individuals and entities for the so-called shipping Iran oil to Syria and in return financing Hezbollah and Hamas.

In its statement which was released on Tuesday, US Treasury Department claimed that it had discovered the illicit Iran-Russia-Syria network which aims to finance terrorism.

The statement also accused Central Bank of Iran (CBI) officials to exploit the international financial system, claiming that they use a company whose name suggests a trade in humanitarian goods as a tool to facilitate financial transfers supporting this oil scheme.

Accordingly, the US has blacklisted Mohammad Amer Alchwiki and his Russia-based company as central figures in complex Iran-Russia-Syria oil.