London/Dubai/Sao Paulo — Iran has been racing to step up exports of petrochemicals and tap new markets to compensate for sliding…
Browsing: Persian Gulf Petrochemical Industries Company
WASHINGTON — The United States sanctioned Iran’s largest petrochemical holding group on Friday for indirectly supporting the Islamic Revolutionary Guard Corps, IRGC, a step it said aimed to dry up revenues to the Iranian military unit but that analysts called largely symbolic. Friday’s sanctions targeted the Persian Gulf Petrochemical Industries Company (PGPIC) for providing financial