BREAKING NEWS

White House bans Syrian petroleum imports

By REUTERS

AUGUST 18, 2011 16:53

WASHINGTON - The Obama administration on Thursday imposed fresh sanctions on Syria's government, freezing any of its assets in the United States as well as banning petroleum products of Syrian origin.

The latest round of sanctions against Syrian President Bashar Assad and his government prohibit US entities, wherever located, from engaging in any transactions or dealings with Syrian petroleum products.

The administration also blacklisted a new round of Syrian companies, including the state-owned General Petroleum Corporation that controls the country's oil and gas industry.

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