US imposes new sanctions on oil smuggling network backing Iran’s Quds Force

The US Treasury Department in a statement said it designated members of the network that facilitated oil trades and generated revenue for Lebanon’s Iran-backed Hezbollah and the Quds Force. (File/AFP)
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Updated 03 November 2022
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US imposes new sanctions on oil smuggling network backing Iran’s Quds Force

  • The latest US move against Iranian oil smuggling comes as efforts to revive Iran’s 2015 nuclear deal have stalled
  • The Treasury said the network designated on Thursday included key individuals, front companies and vessels

WASHINGTON: The United States on Thursday issued sanctions against an international oil smuggling network it accused of supporting Hezbollah and Iran’s Quds Force, as Washington seeks to increase pressure on Tehran.
The US Treasury Department in a statement said it designated members of the network that facilitated oil trades and generated revenue for Lebanon’s Iran-backed Hezbollah and the Quds Force, an arm of Iran’s Revolutionary Guards that operates abroad, both of which are under US sanctions.
The latest US move against Iranian oil smuggling comes as efforts to revive Iran’s 2015 nuclear deal have stalled and ties between the Islamic Republic and the West are increasingly strained as Iranians keep up anti-government protests.
The Treasury said the network designated on Thursday included key individuals, front companies and vessels it accused of being involved in blending oil to conceal the Iranian origins of the shipments and exporting it around the world in support of the Quds Force and Hezbollah.
“Market participants should be vigilant of Hezbollah and the IRGC-QF’s attempts to generate revenue from oil smuggling to enable their terrorist activities around the world,” said Brian Nelson, the Treasury’s Under Secretary for Terrorism and Financial Intelligence, in the statement.
Iran’s mission to the United Nations in New York did not immediately respond to a Reuters request for comment.
The sanctions against dozens of people, companies and tankers freezes any of their US assets and generally bars Americans from dealing with them. Those that engage in certain transactions with those designated also risk being hit with sanctions.
The move targeted a network of individuals and companies that the Treasury said as of mid-2022 were blending and exporting Iranian oil. The network blended products of Indian origin with Iranian oil to obfuscate the origin, Washington said.
The companies modified or created counterfeit certificates of origin and quality for the oil, which was then transferred for sale abroad, the Treasury said. Some oil sales were planned to Asia buyers as of late 2021.


Ceasefire with Kurdish-led force extended for another 15 days, Syrian army says

Updated 38 min 57 sec ago
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Ceasefire with Kurdish-led force extended for another 15 days, Syrian army says

  • The defense ministry said the extension was in support of an operation by US forces to transfer accused Daesh militants to Iraq
  • The Kurdish-led Syrian Democratic Forces confirmed the ceasefire extension

RAQQA, Syria: Hours after the expiration of a four-day truce between the Syrian government and Kurdish-led fighters Saturday, Syria’s defense ministry announced the ceasefire had been extended by another 15 days.
The defense ministry said in a statement that the extension was in support of an operation by US forces to transfer accused Daesh militants who had been held in prisons in northeastern Syria to detention centers in Iraq.
The Kurdish-led Syrian Democratic Forces confirmed the ceasefire extension.
“Our forces affirm their commitment to the agreement and their dedication to respecting it, which contributes to de-escalation, the protection of civilians, and the creation of the necessary conditions for stability,” the group said in a statement.
Over the past three weeks, there have been intense clashes between government forces and the SDF, in which the SDF lost large parts of the area they once controlled.
Earlier in the day, the Kurdish-led force called on the international community to prevent any escalation.
The end of the truce came as government forces have been sending reinforcements to Syria’s northeast.
Syria’s interim government signed an agreement last March with the SDF for it to hand over territory and to eventually merge its fighters with government forces. In early January, a new round of talks failed to make progress over the merger, leading to renewed fighting between the two sides.
A new version of the accord was signed last weekend, and a four-day ceasefire was declared Tuesday. Part of the new deal is that SDF members will have to merge into the army and police forces as individuals.
The SDF said in a statement Saturday that military buildups and logistical movements by government forces have been observed, “clearly indicating an intent to escalate and push the region toward a new confrontation.” The SDF said it will continue to abide by the truce.
On Saturday, state TV said authorities on Saturday released 126 boys under the age of 18 who were held at the Al-Aqtan prison near the northern city of Raqqa that was taken by government forces Friday. The teenagers were taken to the city of Raqqa where they were handed over to their families, the TV station said.
The prison is also home to some of the 9,000 members of the Daesh group who are held in northeastern Syria. Most of them remain held in jails run by the SDF. Government forces have so far taken control of two prisons while the rest are still run by the SDF.
Earlier this week, the US military said that some 7,000 Daesh detainees will be transferred to detention centers in neighboring Iraq.
On Wednesday, the US military said that 150 prisoners have been taken to Iraq.