The US has upped its sanctions enforcement game against Iran by targeting intermediaries and companies supporting the petroleum and petrochemical trade of Iran. The latest designation by Washington indicates that the sanctions enforcement has moved beyond oil buyers and sellers to cover logistics companies, custom brokers and other participants in the supply chain of Iranian-originated ...

US has stepped up the economic pressures on Iran with yet another round of sanctions coupled with a warning that nations and corporations which continue doing business with Iran may see negative consequences for their economies. The most recent escalation is happening at a time when the crisis with Iran is affecting global energy markets ...