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Sunday, October 12, 2025 23:5 GMT

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Top News of UAE

US Sanctions UAE Firms for Facilitating Iranian LPG Shipments to Sri Lanka

published:12/10/2025 04:51 GMT

The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) on Thursday announced a new round of sanctions targeting more than 50 individuals, companies, and vessels involved in Iran’s petroleum and petrochemical exports, including firms linked to the sale and shipment of Iranian liquefied petroleum gas (LPG) to Sri Lanka. According to the Treasury statement, UAE-based companies Markan White Trading Crude Oil Abroad Co. L.L.C. and Slogal Energy DMCC played key roles...More


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