Tag Archives | sanctions

Iranian Traders setting up in Iraq

By John Lee. At least 24 Iranian traders have set up shop in Dohuk this week alone, according to a report from AP. Pressure as a result of sanctions on Iran are causing Iranian businesses to look more to Iraq for customers. Click here to read the full report from AP. (Source: AP)

US Designation of Kataib Hezbollah's Abu Fadak

By Michael Knights, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The U.S. Designation of Kataib Hezbollah's Abu Fadak The latest sanctions against a senior leader in the Iranian-backed terrorist militia are a reminder that such […]

Iran "Desperate to Maintain Iraqi Financial Lifeline"

By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Significant challenges face Kadhimi's economic reform project Iran's central bank governor, Abdolnaser Hemmati (pictured), recently paid a surprise visit to Baghdad, three days after the United States slapped sanctions […]

US Sanctions Iranian Ambassador to Iraq

From US Dept of the Treasury: The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is designating Iraj Masjedi (pictured), a general in Iran's Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and Iran's Ambassador to Iraq, for acting for or on behalf of the IRGC-QF. A close adviser to former IRGC-QF Commander Qassem […]

US Treasury Dept Designates Iraqi National

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has designated dual Iranian and Iraqi national Amir Dianat, a longtime associate of senior officials of Iran's Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF). Dianat, who is also known as Ameer Abdulazeez Jaafar Almthaje, is involved in IRGC-QF efforts to generate revenue and smuggle […]

US Renews Waiver for Iraq to Import Electricity from Iran

By John Lee. Washington has renewed a waiver for Iraq to continue importing Iranian electricity, a US State Department official said. "The Secretary granted this brief extension of the waiver to allow time for the formation of a credible government," the official said, referring to US Secretary of State Mike Pompeo, and added that the […]

More Iraqi Companies Sanctioned by US

US Treasury Designates Vast Network of IRGC-QF Officials and Front Companies in Iraq, Iran The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has designated 20 Iran- and Iraq-based front companies, senior officials, and business associates that provide support to or act for or on behalf of the Islamic Revolutionary Guards Corps-Qods […]

Sanctioned Iranian Fuel Oil "Shipping from Iraq"

By John Lee. Deceptive shipping practices are reportedly being used in an attempt to conceal cargoes of sanctioned Iranian fuel oil being shipped via the Iraqi port of Khor al-Zubair. Writing in Lloyds List, Michelle Wiese Bockmann gives details of a network of shell companies running 'dark' tankers to transport the sanctioned fuel. Click here […]