US pressure on China to discourage it from buying Iranian oil…

US pressure on China to discourage it from buying Iranian oil…
US pressure on China to discourage it from buying Iranian oil…
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The chief envoy of US President Joe Biden’s administration on Iran said that his country will increase pressure on China to discourage it from buying Iranian oil imports, at a time when the United States imposed new sanctions on Tehran.

Robert Malley, the US special envoy to Iran, said in an interview with “Bloomberg Television” on Monday that “China is the main destination for illegal oil exports from Iran,” and that talks to dissuade Beijing from buying “will intensify.”

On Monday, Washington imposed sanctions on the Cooperative Foundation of the Iranian Islamic Revolutionary Guard Corps and senior officials in the republic. Because of the executions and suppression of protests.

The move, taken in coordination with Britain and the European Union, is the latest response from Washington.

A few days ago, two informed sources told Reuters news agency that Iran had set the official selling price for its light crude oil to Asian buyers at a premium of $1.80 per barrel over the average price of Oman and Dubai crude for February 2023, down $1.35 from the previous month.

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In a related context, the United States imposed sanctions at the end of last year on the prominent Turkish businessman Sidqi Ayan. On suspicion of operating a commercial network that facilitated oil deals worth hundreds of millions of dollars for the Iranian Revolutionary Guard, and selling them to China.

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The Treasury said Ian helped Iran by arranging deals to sell oil it controls and ship to China and other buyers in East Asia, Europe and the United Arab Emirates. ‏

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And the US Treasury Department blacklisted Ian, who is close to Turkish President Recep Tayyip Erdogan, and his son Bahauddin, an officer in the Turkish army, and froze any assets belonging to them on American soil, and prevented their access to global financial and commercial markets.

And she added that he also facilitated the transfer of the proceeds of the deals to the Iranian Revolutionary Guard, noting that he used his “ASB Group” companies registered in Gibraltar to hide the origin of the oil and the destination of the money.

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The Treasury Department said Ian also used one of his companies to purchase a Panamanian-flagged LNG tanker for Iran’s Revolutionary Guards.

US sanctions also included Kasim Öztas, a senior official at ASB; for managing “directly much of Ian’s business” and his son.

Also, the Treasury Department blacklisted about 20 companies from the “ASB” group and the “Ian” network.

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