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U.S. Department of Treasury headquarters in Washington, D.C. Credit: Benoît Prieur/Wikimedia Commons.

US sanctions Iran’s largest petrochemical holding group

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The United States has sanctioned Iran’s largest and most profitable petrochemical holding group, Persian Gulf Petrochemical Industries Company (PGPIC), for supporting the engineering conglomerate of the Islamic Revolutionary Guard Corps (IRGC), in addition to PGPIC’s...
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