US issues further sanctions against Iran

Yesterday, the US imposed sanctions on seven entities engaged in Iranian petroleum products and petrochemical products trade as well as identifying two vessels as blocked property. 

The tankers Eloise and Olia managed by Vroom Marine Venture were the one picked up for the latest sanctions as the US continues its so-called maximum pressure campaign on Iran, which has seen multiple rounds of sanctions levelled towards Tehran in the opening 100 days of Donald Trump’s return to the White House.

A new round of US-Iran negotiations are expected to take place on Saturday.