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US Sanctions Seven Entities in Iran, UAE, Turkey and Two Vessels Including Eloise Ahead of May 3 Talks; Iran Condemns Move

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Published May 1, 2025, 03:29 PM

The United States has imposed sanctions on seven entities involved in the trade of Iranian petroleum and petrochemical products, along with designating two vessels as blocked property, including the ship Eloise. These entities are based in Iran, the United Arab Emirates, and Turkey, and the sanctioned ship flies the Gabon flag. The U.S. Treasury and State Departments announced the measures amid ongoing nuclear negotiations between the U.S.

and Iran, with the next round scheduled for May 3 in Rome. Washington accuses the sanctioned parties of engaging in illicit trade worth hundreds of millions of dollars, including exports to China, as part of a broader effort to pressure Tehran. The sanctions target four petrochemical sellers, one buyer, a maritime management company, and a cargo inspection firm. Iran's Foreign Ministry spokesperson Esmaeil Baghaei condemned the sanctions, describing them as unjust and contradictory to diplomatic efforts, warning of potential consequences. This action follows recent U.S. sanctions against Iran's ballistic missile financing network and reflects the administration's commitment to maximum pressure on Iran's oil and petrochemical exports.

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Sources

dw.com(2)europapress.es justthenews.com l.euronews.com

Foreign Ministry, Islamic Republic of Iran 🇮🇷

@IRIMFA_EN

Iran condemns U.S. new #sanctions against Tehran, foreign partners Iran’s Spokesperson for the Ministry of Foreign Affairs, Esmaeil Baqaei, strongly condemned the new sanctions imposed by the #UnitedStates on natural and legal persons in Iran and several other countries under https://t.co/LT7VyQrrfT

DW فارسی

@dw_persian

The spokesman of the Islamic Republic's foreign ministry objected to the new US sanctions against seven companies involved in trading Iranian oil and petrochemical products and condemned it. Ismail Baghaei called the sanctions “outrageous” and a violation of “human rights.” https://t.co/Ba0EcbVJ5g

Olivier Guitta

@OlivierGuitta

The U.S. State Department said in a statement it was imposing sanctions on seven entities based in the UAE, Turkey and Iran that it accused of trading Iranian petroleum and petrochemical products worth hundreds of millions of dollars.

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