'This is absolutely unacceptable and serves only to recall the famous English proverb about having one's cake and eating it'
Pompeo in a statement on Monday warned commercial and maritime industries, governments and others that they risked US sanctions if they did business with the Islamic Republic of Iran Shipping Lines.
"Washington's fruitless and repetitive sanctions against Iranian officials is a sign of weakness, despair and confusion of the US administration."
A number of the banks were sanctioned by the US in a bid to curb Iran's nuclear ambitions are operating within Germany.
The regime in Tehran has a long-documented history of using aid for illicit purposes.
“We are constantly re-evaluating all of our policies, including our sanctions policy,” says Pompeo.
"Although it is hard to fight the coronavirus under sanctions, since the beginning [of the outbreak] we have not faced a shortage of special drugs," Iran's health minister said.
"Washington's increased pressure against Iran is a crime against humanity," an Iranian official said. "All the world should help each other to overcome this disease," he added.
Illicit export slated to go through Turkish and Pakistani companies
Until this decision, the only other country blacklisted on the task force was North Korea.