The Trump administration on Tuesday announced new sanctions against two Iranian petroleum magnates who use their business to funnel revenue to the Iranian regime — one of whom was caught last year attempting to export cargo to China from off the coast of Houston.
Petroleum magnate, Seyed Asadoollah Emamjomeh, his son Meisam Emamjomeh, and his corporate network — now sanctioned by the Trump administration — are responsible for shipping hundreds of millions of dollars worth of liquified petroleum gas (LPG) to foreign markets, according to the Treasury Department. LPG is a large source of revenue for the Iranian regime, which funds regional terrorist proxy groups including Hezbollah, the Houthis, and Hamas.
The sanctions come as the Trump administration attempts to negotiate a nuclear deal with the Iranian regime while also keeping up its maximum pressure campaign. The sanctions…