Prices at the Pumps - April 17, 2024 #saltwire #energymarkets #pricesatthepumps #gaspricesWASHINGTON - The U.S. is further restricting Iran's access to"low-level technology," in response to Iran's April 13 attack on Israel and its military support for Russia, according to a posting Thursday by the U.S. Department of Commerce.
The U.S. is adding to the list of items that require a license for export or re-export to Iran, including items made abroad with U.S. technology, the posting said.The new restrictions build on the Commerce Department's February 2023 action targeting Iran's involvement in supplying drones to support Russia's war on Ukraine.
They also add to the comprehensive export restrictions on Iran under U.S. law, and restrictions on Russia, Belarus and the occupied Crimea region of Ukraine. The additional export controls come as the United States announced new sanctions on Iran targeting individuals and entities enabling Iran’s drone production, including engine types that power Iran’s Shahed variant unmanned aerial vehicles, which were used in the April 13 attack.
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