<\/p>\n
Another Rosneft subsidiary has been slapped by sanctions by the Trump administration in Washington for alleged links to Venezuela.<\/p>\n
<\/p>\n
The US Department of the Treasury\u2019s Office of Foreign Assets Control (OFAC) yesterday designated TNK Trading International (TTI) for operating in the oil sector of the Venezuelan economy. TTI, incorporated in Switzerland, is a subsidiary of Russian state-controlled Rosneft. Last month another subsidiary, Rosneft Trading, was also hit with sanctions.<\/p>\n
<\/p>\n
\u201cTNK Trading International S.A. is another Rosneft subsidiary brokering the sale and transport of Venezuelan crude oil, which is subject to sanctions,\u201d said treasury secretary Steven Mnuchin. \u201cThe Trump Administration remains committed to targeting those who support the corrupt regime\u2019s exploitation of Venezuela\u2019s oil assets.\u201d<\/p>\n
<\/p>\n
TTI is involved in the trading, processing, and transport of raw materials, in particular unrefined petroleum and petroleum products.<\/p>\n
splash247<\/p>\n","protected":false},"excerpt":{"rendered":"
Another Rosneft subsidiary has been slapped by sanctions by the Trump administration in Washington for alleged links to Venezuela. The US Department of the Treasury\u2019s Office of Foreign Assets Control (OFAC) yesterday designated TNK Trading International (TTI) for operating in the oil sector of the Venezuelan economy. TTI, incorporated in Switzerland, is a subsidiary of …<\/p>\n","protected":false},"author":1,"featured_media":5067,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[58],"tags":[3324,3323,655,1082,3246,112,241],"class_list":["post-6285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tanker-news","tag-links","tag-places","tag-rosneft","tag-sanctions","tag-subsidiary","tag-venezuela","tag-washington"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/6285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=6285"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/6285\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/5067"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=6285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=6285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=6285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}