US lists 6 foreign companies for facilitating Iran petroleum exports

OFAC has designated 4 international petrochemical and petroleum companies for allegedly facilitating transfers of millions of dollars to the state-owned National Iranian Oil Co (NIOC) in payment for petrochemical and petroleum exports. Under Executive Order 13846, secondary sanctions (asset freeze) are authorised against any foreign financial institution that knowingly facilitates a significant transaction for the NIOC (designated under E.O. 13599). …

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About Maya Lester QC

Maya Lester QC

Maya Lester QC is a senior barrister (Queen’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. The legal directories say she is the...

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