Abdullah Al-Haqim 
The US Treasury announced the imposition of sanctions on Iranian Oil Minister Mohsen Bak Nejad and some ships that raise the Hong Kong flag and participate in a fleet that has helped Iran hide its shipments from oil.
The ministry stated in a statement that Pak Ahmadinejad “oversees the export of Iranian oil with tens of billions of dollars, and allocates the Iranian armed forces with billions of dollars in oil for export.”
She added that she also imposed sanctions on the owners or ship operators, which handed over Iranian oil to China or transferred it from the stores there. She explained that these are in multiple countries, including India and China.
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The Iranian army relies on a huge shadow of ships to hide shipments to China, estimated at billions of dollars.
The ministry explained that among the ships imposed on the sanctions today, the “Pace Hill” ship that raises the Hong Kong flag and the company that owns it, and the “Polaris 1” ship that raises the Iran flag, the company “Fallon Shipping” registered in Seychelles, and the “Itago Service” company registered in Liberia.
She said that the US State Department classifies three entities and three ships as prohibited property.
