Middle East Economic Survey

VOL. LIV

No 22

30-May-2011

IRAN

US Imposes Sanctions On Energy And Shipping Companies

The US has imposed sanctions on seven companies under the Comprehensive Iran Sanctions, Accountability and Divestment Act (CISADA) of 2010, for their activities in support of Irans energy sector, the State Department announced on 24 May. These companies are listed as PCCI (Jersey/Iran), Royal Oyster Group (UAE), Speedy Ship (UAE/Iran), Tanker Pacific (Singapore), Ofer Brothers...