July 12, 2021
Iranian Oil Executive Removed From U.S. Sanctions List Remains Active in Sector
Source: The Wall Street Journal
Journalist: Ian Talley
An Iranian oil executive removed from U.S. financial blacklists last month because he had resigned from Iran’s national oil company now holds senior positions with two Iranian energy firms linked to the Iranian government, according to company officials and regulatory filings.
The executive’s role at the two companies appears to violate U.S. sanctions, analysts said, and is expected to fuel concern among U.S. lawmakers critical of the administration’s Iran policy. Both companies contract with Iran’s state energy firms, including the blacklisted National Iranian Oil Company, and one of the firms is substantially owned by a sanctioned state-owned Iranian bank.
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