Ofac blacklists Hong Kong-based IRGC front involved in Iranian commodity sales
Hong Kong-based China Oil and Peterolum Company involved in the sales of ‘hundreds of millions of dollars’ worth of Iranian commodities’, US says
The US has blacklisted another entity involved in sales of Iranian commodities sales for the benefit of the IRGC-QF, adding to an earlier designation from Wednesday. The Department of Justice said the company, China Oil and Petroleum Company Limited, was central to a scheme to launder money from Iranian oil sales