Yazhou Xu

Charged with knowingly violating restrictions on handling and transacting Iranian petroleum

Status:Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Risk Level:99%

May harm your business future. Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action.

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Info:
Executive officer in one or more of the six designated companies: China Concord Petroleum Co., Limited; Kunlun Shipping Company Limited; Pegasus 88 Limited; COSCO Shipping Tanker (Dalian) Seaman & Ship Management Co, Ltd; Kunlun Holding Company Ltd; COSCO Shipping Tanker (Dalian) Co. Ltd.;

Above companies have been charged with knowingly violating restrictions on handling and transacting Iranian petroleum;

The sanctions bar U.S. citizens and companies from dealing with the shipping companies, effectively blocking them from American banks at the heart of the global financial system. They also block any property or interests the firms or people have in the U.S. and forbid any American assets from being paid or transferred to them;

China, the world’s largest crude buyer, continues to import oil and petroleum products from the Persian Gulf nation in the face of the White House’s sanctions on the OPEC producer. It took 788,000 tons of crude from Iran in August, compared with a monthly average of 2.4 million tons last year, Chinese customs data show. The sanctions could complicate talks to end the U.S.-China trade war, which resume in Washington next month.

The move is aimed at denying the Iranian regime critical income to engage in foreign conflicts, advance its ballistic missile development, and fund terrorism around the world, Pompeo said. These sanctions are over the transport of Iranian crude oil, and the U.S. is similarly concerned about the export of Iranian refined petroleum products, he said;

Also Known As:
Xu, Yazhou

Born:
27 Sep 1957

Country:
China

Address:
30-2-501 Fengyuan Street, Dalian, Liaoning 116013, China

Passport:
E66409954 (China)

National ID No.:
210202195709271752 (individual)

Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on 9/25/2019 pursuant to Executive Order 13846 for knowingly engaging in a significant transaction for the transport of oil from Iran;