US imposes new curbs on Iran, seeks release of citizens

Foreign Desk Report

WASHINGTON: The United States imposed fresh sanctions on Iran, keeping up its economic pressure campaign even as it offered to help Tehran cope with the coronavirus pandemic and called on the Islamic Republic to release detained Americans.
Iran is considering freeing some U.S. citizens, Secretary of State Mike Pompeo said at a news conference where he made clear Washington will maintain its maximum-pressure campaign to choke off Tehran’s ability to export its oil.The campaign, instituted after President Donald Trump in 2018 unilaterally withdrew from the 2015 nuclear deal Iran struck with six major powers, aims to force Iran to limit its nuclear, missile and regional activities.
Pompeo on Tuesday said the State Department is blacklisting nine entities based in South Africa, Hong Kong and China, as well as three Iranian individuals, for engaging in “significant transactions” to trade in Iranian petrochemicals.
While he did not name them, Pompeo said the step included blacklisting Iran’s armed forces social security investment company and its director for investing in sanctioned entities.
Separately, the Commerce Department said it will add six people – including five Iranian nuclear scientists – and 18 corporations to the U.S. “Entity List” for aiding Iran’s nuclear program, Pakistan’s unsafeguarded nuclear and missile programs, and Russian military modernization efforts. Without naming them, the Commerce Department said the move covers one company in Iran, two entities in China, nine in Pakistan, and five in the United Arab Emirates and will constrict the export of certain items to them.
The Entity List names foreign parties that are barred from receiving some or all items subject to U.S. export regulations unless the exporter secures a license, according to the department.