Azerbaijan, Baku, Oct. 21 / Trend, S. Isayev, T. Jafarov
The employees of "Fajr" petrochemical company in Iran, halted work today in protest, ILNA news agency reported.
The protest occured in Bandar-e Imam Khomeini (a port city on the Persian Gulf in Khūzestān Province), in southwest of Iran.
About 180 employees of the company staged a protest for not receiving salaries for doing complex work, based on short-term contracts.
Due to numerous sanctions imposed on Iran, this has greatly affected Iran's economy and in particular country's petrochemical sector.
Since May, the U.S. has blacklisted eight companies in Iran's petrochemical industry, sending a warning to the Islamic Republic's global customers as Washington strives to cut off funds to the country's nuclear program.
Petrochemical companies owned or controlled by the Iranian government that are on the Treasury Department list include Bandar Imam Petrochemical Co, Bou Ali Sina Petrochemical Co and Mobin Petrochemical Co.
This was the first time Washington sanctioned the petrochemical industry, which an administration official said was the largest source of foreign earnings for Iran's nuclear program after oil sales.