The US has identified and blacklisted a “network” of six individuals and four businesses deemed to be attempting to evade oil sanctions on Iran. This comes as part of an ongoing US crackdown on individuals and companies acting on behalf of Tehran to circumvent international financial sanctions.

The US Treasury said it was targeting a network linked to Iranian businessman Seyed Seyyedi, director of the Sima General Trading Company which itself was sanctioned in March this year (MEES, 22 March). (CONTINUED - 284 WORDS)