World

SINGAPORE A Singapore-registered firm is taking legal advice after being sanctioned by the United States for facilitating the trade of oil originating from Iran.

In an e-mail statement to The Straits Times, Unicious Energy said: We take these allegations seriously and at this stage are focused on addressing the situation and working with the relevant authorities. The company takes its compliance, governance and risk policies seriously and will be working with the relevant authorities to develop a fuller understanding of the allegations.

Already a subscriber? Log in Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

ST One Digital $9.90  $9.90/month

No contract

ST app access on 1 mobile device

Subscribe now Unlock these benefits

All subscriber-only content on ST app and straitstimes.com

Easy access any time via ST app on 1 mobile device

E-paper with 2-week archive so you won’t miss out on content that matters to you

Articles You May Like

Data suggests why Chinese manufacturers dominate in so many sectors
Elon Musk visits China as competitors show off new electric vehicles at Beijing auto show
Career Diplomat Resigns from State Department over Bidens Gaza Policy
Binance founder Changpeng Zhao sentenced to 4 months in prison after plea deal
Hotel chain banned from advertising rooms ‘from only £35 a night’