In an effort to increase pressure on the Government of Iran to comply with its international nuclear obligations, the United States, as required under U.S. law, has imposed sanctions on seven foreign companies for activities in support of Iran’s energy sector, and on sixteen companies and individuals for proliferation activities –- most of them involving Iran.
The companies sanctioned for activities in the energy sector include the state-owned Venezuelan firm Petroleos de Venezuela, the Iranian-owned Petrochemical Commercial Company International, and five others.
